Bug 318688 - Incorrect calculations
Summary: Incorrect calculations
Status: RESOLVED WORKSFORME
Alias: None
Product: kmymoney
Classification: Applications
Component: general (show other bugs)
Version: 4.6.3
Platform: Microsoft Windows Microsoft Windows
: NOR major
Target Milestone: ---
Assignee: KMyMoney Devel Mailing List
URL: http://kmymoney2.sourceforge.net/imag...
Keywords:
Depends on:
Blocks:
 
Reported: 2013-04-21 21:43 UTC by e1925732
Modified: 2013-04-21 22:27 UTC (History)
1 user (show)

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Description e1925732 2013-04-21 21:43:18 UTC
Net worth=Assets - Liabilities.  The program calculates this incorrectly by adding Assets and Liabilities.

The calculation for Owners Equity is also done incorrectly by adding equity and owner draws.  Draws should be subtracted.  

Reproducible: Always




Incorrect calculations make the program unreliable.
Comment 1 Marko Käning 2013-04-21 22:07:37 UTC
It looks like your liability accounts are kept inverted. They shouldn't show negative values in the net worth report here.

What does your "Assets and Liability Summary" show on the homepage? I bet those $-52378,31 are shown as payment instead of charge.

So, although the value is negative the "Grand Total" in your report is correct, indeed.

You'd have to invert your logic on the liability account though!
Comment 2 e1925732 2013-04-21 22:27:07 UTC
I rechecked my values and you are correct.  It was my mistake.  Thank you very much for your help.