[Kmymoney] how to best update an asset's value to the current market value

[Michael Berger]

Hi Thomas,
let us assume we bought a property some years ago.
We paid 1000 for it, created an asset account NEWASSET in KMM and valued 
it 1000.

The market value today is estimated to be 1100 and accordingly we want 
to adjust the old value to 1100 in KMM.
This is easily accomplished by creating an income category "thanks to 
market".
But then each income and expense report would show an extra 
income/expense in the respective month/year.

This is correct in a way but does NOT quite reflect the reality because 
the 100 extra would only turn to cash if and when that property is made 
to money = being sold.

My perception is that the 100 is only a conditional income and thus 
quite different compared to other incomes like salary, sales, bets and 
so on.
Instead it is an increase of that very asset's value (for the time being 
this is nothing more than just reflected on paper).

Opening the account NEWASSET and booking the 100 into itself is 
permitted by KMM but only if the Category is left unassigned (KMM only 
offers "Income" or "Expense" whereas "Asset" would be needed if 
following my perception).
Everything looks alright and nothing happens but there is this warning 
triangle.

For fussy people like myself this is a nuisance.
Is there any other way in KMM to increase/decrease an asset's value 
without it being reported as income/expense?

Cheers!
*
*
------------------------------------------------------------------------
Michael Berger, Dipl. Ing.
Im Borngrund 7a
D-35606 Solms
idest at online.de
Fon: 0049 6442 706509, -10
Fax:  0049 32121247536



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