[GNC] Standard Report - Equity Statement

[Michael or Penny Novack]

Might I sort of explain my question to Ismael ... what expecting to see 
on an "equity statement" if PERSONAL books. In other words, what 
(useful) information expecting to see. I do understand why you would 
want a report/statement of equity if (for example)

a) The entity is a partnership.
b) A sole proprietorship BUT there are outside "ownership accounts" << 
would be liabilities ordinarily BUT * >>
c) The entity is a corporation

Michael D Novack

* How those with certain religious beliefs get around prohibitions of 
usury, "iron sheep contracts", etc.     It's not a violation if the 
"lender" shares the risks. Essentially the "lender" is (temporarily) 
buying an interest/share and the borrower might have an option to buy 
back for more. But until then, the :lender" shares in the profits (or 
losses).


On 6/25/2023 4:28 PM, NoobAlice wrote:
> Hi Ismael,
>
> "Equity Statement" as a report is the net of your total assets and 
> liabilities, your personal equity.  You reach it via
> Reports > Income and Expense > Equity Statement
> The "Investments" are amounts that you add directly to 
> personal-equity-type accounts.  So if I have an account named "Opening 
> Balance" that on the Accounts page is Type: Equity, changes to that 
> account show up on the Equity Statement report.
>
> You probably want to use "Advanced Portfolio" from
> Reports > Assets & Labilities > Advanced Portfolio
> which will show you the stocks you own in companies and your 
> investments in them.  These are Type: Stock on your Accounts page.  
> These stocks are your equity in these companies, but they are just a 
> part of your personal equity.
> * The total you have invested in each stock through the report date is 
> shown in the "Money In" column.
> * The total sales are the "Money Out" column.
>
> To make an investment in a stock, money comes out of your checking 
> account (an Asset) and goes into the stock (another Asset).  So your 
> personal equity does not change at this time, and there is no change 
> to the Equity Statement.  But the Advanced Portfolio will show the 
> stock investment.
>
> I hope I didn't over-explain anything, but I'm trying to make this 
> clear for you and anyone else who has a similar question in the future 
> and finds this mailing list post.
>
> NoobAlice
>
> On 2023-06-23 11:08 PM, Ismael via gnucash-user wrote:
>> Hello
>> I use V5.1 & Win11
>>
>> My Standard Report - 'Equity Statement' does not show any amount for 
>> 'Investments for Period'.
>>
>> I am sure that I have made investments and recorded them in the 
>> respective Asset account (Stock).
>>
>> Gnucash HELP is not really helpful for 10.3.5.2. Equity Statement.
>>
>> Any idea what to do to see 'Investments for Period' in Standard 
>> Report - 'Equity Statement'
>>
>> Regards
>> Ismael
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-- 
There is no possibility of social justice on a dead planet except the equality of the grave.