At the bottom is a summary bar, which shows "Net Assets" and "profits". I'm slightly baffled at what GNUCash thinks profits are, since it seems to be different than "net worth".


It is different than "net worth", isn't it?

Profits = income - expenses

Net assets = assets - liabilities.

  • by that measure, I should have 45k in profits, not 10. Is there some accounting period perhaps?
    – jldugger
    Aug 20 '12 at 5:32
  • 4
    Looks like it is for the current year. Also, make sure you categorize your accounts correctly. You can see the calculation in the "Profit & Loss" report.
    – littleadv
    Aug 20 '12 at 5:52

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