Real Assets

Real assets refer to assets such a real estate, jewelry, vehicles.

Attributes

The following attributes are supported for real assets.

Attribute
Description

Name

A free form name for the asset.

Acquisition Date

The date the asset was purchased / acquired.

Cost

The cost of acquisition.

Currency

The currency of the cost / proceeds / value.

Disposed

True if the asset has been disposed (sold); false if currently held.

Disposition Date / Value Date

The disposition date if the asset has been disposed else the value date.

Proceeds / Value

The proceeds of disposition if disposed else the current value.

Maintenance

The UI provides simple forms to add / edit / delete assets. Assets are not tracked against accounts so any acquisition or disposition of assets does not debit/credit amounts. Any reflection of such actions on account balances will have to made manually.

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