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Any ideas how to add Account Type: Equity? After all Assets=OwnersEquity+Liabilities (We seem to only have Income, Expenses, Assets and Liabilities). If we do get "Equity" could this be used to create the Statement of Changes in Equity? (would think that this report was included as a standard).
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You have to setup Equity accounts as Liability accounts unfortunately. You can tell that a Computer Programmer (not an Accountant) made that decision 🙂
Just use separate Account Classes and you'll be able to break them out on a report.
Thanks Tim.
I have made a 25 minute video concerning assembly and disassembly processes. I believe it contains a fundamental hole. Before its published though I would like to perhaps share it with you for review / comments - perhaps I'm totally wrong. Please let me know how I can share the video with you. Kind regards JP (jp@onechannel.co.bw   or jpvdg71@gmail.com)
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You can post it to YouTube, then start a Discussion Topic here in AUG Forums asking for feedback.