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| 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 |
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| 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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