Topics
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- Register as a User
- Reset your Password
- Create a Bank Account / Asset
- Share an Account with a Friend
- Reconcile an Account
- Adjust the Balance of an Account
- Attach an Invioce for a Transaction
- See more information for a Transaction
- Set up an Investment
- Add a Category / Beneficiary / Investment / Payee
- Add a Subcategory
How to Set Up an Investment
When you purchase an asset it’s useful to track its capital growth and return on investment. We’ll use a property as an example. Create a new Account in the Accounts Summary page. Select Asset as the Account Type, assign an Investment (create a new one if necessary) and save the account. You’ll usually have a loan for the property, so create a new Account for that with Liability as the Account Type, choose the same Investment and submit. Every transaction (except transfers) will automatically be included in the Investment Report.
Open the Asset account and enter a transaction for the Purchase price. Also create transactions for Costs such as taxes, legal fees etc.
Throughout the life of your investment, assign any associated transactions (such as rental statements, utilities, maintenance etc) to the associated Investment to have them included in ROI calculations in the Investment Report.