New net worth card

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mneiluk
mneiluk Member ✭✭
The new card does not match the amount in the accounts sidebar. Since they're both on screen at once, it's easy to see. Am I correct that the new card is not converting balances in other currencies to dollars?

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  • Jon
    Jon SuperUser, Mac Beta Beta
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    That appears to be the case. I tried adding an account in Euros and the balance was included in the sidebar but the Net Worth panel did not change.

    Quicken Mac subscription. Quicken user since 1990.

  • mneiluk
    mneiluk Member ✭✭
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    What a pain. The IOS app has the same problem—keeps me from using it.
  • jacobs
    jacobs SuperUser, Mac Beta Beta
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    There can be multiple reasons for differences between the Net Worth card — which mirrors a Net Worth Report — and the sidebar. (I believe this is why developers made a subtle change recently to label the bottom of the sidebar as "Total" instead of "Net Worth" to reduce confusion.)

    (1) The Net Worth card and report do not include accounts in currencies other than the home currency. A Net Worth report allows you to select the currency shown; you need to do separate reports for multiple currencies. The Dashboard cards do not yet have any controls for switching or combining currencies; the Net Worth card here reprots only the home currency. The Quickn Mac product manager has said that support for additional currencies in the card will be coming in the future.

    (2) If you have any scheduled transactions dated today or earlier which have not yet been marked as Paid/Deposited, those transactions are included in the sidebar balance shown, but are not included on a Net Worth report or in the Net Worth Dashboard card.

    (3) In your Sidebar Settings, if you have the Disp,ayed Balances set to either Projected Balance or Online Balance, the values in the sidebar may differ from the Net Worth report and card.

    Items #2 and #3 make sense, but may not be apparent unless you're aware of these intentional differences. Item #1 is problematic for anyone with accounts in curriencies other than the home currency; fortunately a fix for this is coming, but unfortunately we never know when. 😉

    Quicken Mac Subscription • Quicken user since 1993
  • mneiluk
    mneiluk Member ✭✭
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    Like I said, not useful if you have significant accounts outside the US. At least the accounts sidebar is relatively accurate
  • jacobs
    jacobs SuperUser, Mac Beta Beta
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    Correct. Until the developers make the Dashboard card multi-currency compatible — at least to the same level of converting alternate curriencies to the home currency, as the sidebar does — the net worth graph is not useful for anyone who has significant assets in another currency. In the meantime, you can set up Net Worth reports, one for each currency, and add the values of those two reports to see your net worth. Not great, but it's somethng of a work-around until they make the Dashboard cards more versatile.

    Quicken Mac Subscription • Quicken user since 1993
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