How Do I Know If Something Is an Asset?
Last Updated: 1 August, 2025An asset is anything you own that has current or future economic value. To identify if something is an asset, ask yourself: “Does this item have monetary value and do I own it?” Asset Definition: An asset provides economic benefit...
How To Manually Add An Asset
Last Updated: 28 July, 2025This guide provides a straightforward, step-by-step process for manually adding assets to your account, ensuring you can efficiently manage your bank accounts and investments. By following these instructions, you’ll be also be able to accurately input essential details like purchase...
Liabilities vs. Assets vs. Owner’s equity
Last Updated: 1 August, 2025The accounting equation is the fundamental formula that shows how these three components relate: Assets = Liabilities + Owner’s Equity. Understanding Each Component: Assets: Everything you own that has value – Cash and bank accounts – Property and real estate...
Update Asset Details on Know Your Dosh
Last Updated: 28 July, 2025This guide provides a straightforward process for updating asset details on Know Your Dosh, ensuring that customers can easily manage their financial information. By following the steps outlined, individuals can efficiently edit critical details like market prices and ownership splits,...
What are different types of Assets?
Last Updated: 1 August, 2025Current Assets Current assets are resources that can be converted to cash within one year: – Cash and savings accounts – Most liquid assets – Checking and money market accounts – Stocks and marketable securities – Accounts receivable (money owed...
