Adding an asset to the Net Worth report

Adding an asset to the Net Worth report

1. Go to Reports > Net Worth

2. Select + Asset

3. Select the asset type 

4. Enter the details of the asset

5. If you want to link the asset to a loan or mortgage, select Yes to the option Do you want to manage money owed on this asset?

Otherwise, select No

• If you selected Yes, click on the Save & continue button. You will be taken to another window. See the Managing money owed toward an asset section of this user guide.
• If you selected No, proceed to the next step

6. If you want to set an interest or depreciation rate for the asset, select Yes to the option Do you want to set interest/depreciation for this asset?

Otherwise, select No

• If you select No, click Save to finish adding the asset and go back to the Net Worth page
• If you select Yes, click the Save & continue button and proceed to the next step

7. You can then add an interest or depreciation rate to the asset, including the frequency of when the rate will be applied. See: Appreciation and depreciation settings.

8. Click Save and reload Net Worth to add the asset to your Net Worth report