Hi!
I am wondering why the start-up account (translated from swedish 'Eget Kapital'; I'm using the swedish version of iCash) doesn't show when i produce a balance report?
If I've understood the use of this type of account, the balance report should give:
- Assets
- Debts
- Equity ('Eget Kapital'; Start-up account)
where the assets should be equal to the sum of the debts and the equity. (If you pay all your debts using your assets, you are left with the... equity 'Eget Kapital'.)
I don't know if I'm doing something wrong; I've just tried to initialize the start-up account at some value to see how the balance report looked.
I am wondering why the start-up account (translated from swedish 'Eget Kapital'; I'm using the swedish version of iCash) doesn't show when i produce a balance report?
If I've understood the use of this type of account, the balance report should give:
- Assets
- Debts
- Equity ('Eget Kapital'; Start-up account)
where the assets should be equal to the sum of the debts and the equity. (If you pay all your debts using your assets, you are left with the... equity 'Eget Kapital'.)
I don't know if I'm doing something wrong; I've just tried to initialize the start-up account at some value to see how the balance report looked.