> On May 18, 2016, at 7:03 AM, Aaron Laws <[email protected]> wrote:
> 
> On Tue, May 17, 2016 at 5:22 PM, John Ralls <[email protected] 
> <mailto:[email protected]>> wrote: 
> The Balance Sheet report shows you net worth. You probably didn't recognize 
> it because the accounting word for it is "equity". Recall that the accounting 
> equation is Assets = Liabilities + Equity*, so by associativity Equity = 
> Assets - Liabilities.
> 
> 
> When we say Assets = Liabilities + Equity, it means All Assets = All 
> Liabilities + All Equity. This works if I include all (non-$0) assets, 
> liabilities and equity, and do so when there are no revenues nor expenses 
> (just after closing the books). At any other time, or in any other way, that 
> equation doesn't hold, and even in that specific case, it's not the 
> information I'm seeking.
> 
> Attached is a small sample (hopefully it comes through okay). When I get a 
> balance sheet only selecting the current assets and liabilities, the 
> resulting report looks like this: http://i.imgur.com/uW0uE5R.png 
> <http://i.imgur.com/uW0uE5R.png> which shows $0 for equity (because I didn't 
> select any equity accounts).
> 
> In this case, since my checking account has $15, and credit card has $12, I 
> would like to see that my net current assets are $3. This purposefully leaves 
> out the fixed asset which makes the net worth much higher.
> 
> I'm not convinced that this should be a separate report in gnucash; it seems 
> like an ad-hoc, one-off report to satisfy a curiosity of mine, much like 
> report requests from other users. How is the suggestion for a flexible, 
> general report taken? Maybe it should be called a report builder?
> 
> <example.gnucash>


OK.

One report to rule them all doesn't seem feasible to me, but a report builder 
that's more user-friendly than what we have now--write Scheme code or use 
SQL--would be a great improvement and one we've discussed here before.

Regards,
John Ralls
_______________________________________________
gnucash-devel mailing list
[email protected]
https://lists.gnucash.org/mailman/listinfo/gnucash-devel

Reply via email to