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Old 09-03-2003, 11:50 PM
AJM
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Default Re: Adjusting the Value of an asset acount

Chris,

Have a look at my response to "Problems with Asset Accounts" posted on 31
August, 2003 at 23-45 hours BST. It may prove helpful.

AJM

"Chris" <ECG61661[at]aol.com> wrote in message
news:041501c370e7$0c050e00$a401280a[at]phx.gbl...
- quote -

> When I try to adjust the value of an asset I am finding
> that the increase or decreased value is applied to either
> my income or expenses.
> Example: a piece of property increased in it's value. I
> changed the value accordingly, but I am having problems
> with placing this transaction into a specific category.
> I want to create categories for asset appreciation and
> depreciation, but I am finding that I am asked to enter
> them into either an expense or income category. If there
> is an increase in value for that asset I am seeing it as
> income in my monthly reports such as "expense verse
> income".
> I want to see this as more equity than income. I am able
> to do this in the life time planner, but not successfully
> in my asset accounts that I created.
> Sincerely
> Chris



  #-1  
Old 09-02-2003, 12:13 AM
Chris
Guest
 
Posts: n/a
Default Adjusting the Value of an asset acount

When I try to adjust the value of an asset I am finding
that the increase or decreased value is applied to either
my income or expenses.
Example: a piece of property increased in it's value. I
changed the value accordingly, but I am having problems
with placing this transaction into a specific category.
I want to create categories for asset appreciation and
depreciation, but I am finding that I am asked to enter
them into either an expense or income category. If there
is an increase in value for that asset I am seeing it as
income in my monthly reports such as "expense verse
income".
I want to see this as more equity than income. I am able
to do this in the life time planner, but not successfully
in my asset accounts that I created.

Sincerely

Chris
 

Tags
acount, adjusting, asset
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