[Kmymoney-devel] [kmymoney4] [Bug 318606] wrong accounting calculations
Fernando Vilas
fvilas at iname.com
Sat Apr 20 01:18:02 UTC 2013
https://bugs.kde.org/show_bug.cgi?id=318606
Fernando Vilas <fvilas at iname.com> changed:
What |Removed |Added
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CC| |fvilas at iname.com
--- Comment #2 from Fernando Vilas <fvilas at iname.com> ---
In general, according to most accounting books and classes,
assets - liabilities = net worth
and
income - expenses = net income (profit or loss).
I am unfamiliar with using assets - expense for something. Am I missing a
useful metric that I should be using for something?
At first glance, the book value of my car less my coffee purchases does not
seem to provide great insight.
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