AgExpert Analyst > Reports > Creating a Net Worth report
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Creating a Net Worth report
The Net Worth report shows your net worth statement - your assets minus your liabilities.
The net worth statement displays general assets at their fair market value. If you haven’t entered the fair market value for an asset, its current book value is displayed. Capital assets are always displayed at their fair market value. Inventory is shown using the current book value.
Make sure that your inventory values and the fair market values of your general and capital assets are accurate before generating the net worth statement. If needed, you can click the appropriate link to update your inventory values or the fair market value of your assets.
To display a Net Worth report:
- Select Report Console from the Reports menu. The report console opens.
- Select Financial from the menu panel on the left, and then select Net Worth.
- Select the Type:
- Select the Date range. For summary and detail types, select the date you want to show balances as at the end of. For chart types, select the fiscal year.
- Click Generate.
Last updated on July 2, 2013 by FCC AgExpert