How do I add property or a vehicle?

Property tends to appreciate and earn rent; a vehicle does the opposite and loses value each year. Each has its own category so the numbers behave the way the asset really does.

Add real estate

In Assets, click Asset and pick Real Estate. Enter the Total Invested and today's Current Value (if different), and add Rent/month if it earns rent. Then Save.

Real estate takes a Rent/month, so the income shows up alongside the value.

Add a vehicle

Pick Vehicle instead. Set the Vehicle Type and a Depreciation Rate (% p.a.). The form shows an Estimated Current Value — the written-down value after depreciation — so you don't have to guess it.

The Estimated Current Value is the WDV after the depreciation rate you set.

Note: The vehicle keeps depreciating on its own each year from the rate you set — you don't have to lower its value by hand. You can still re-value it any time if you get a real quote.

Set costs and depreciation

Owning something costs money to run. Once the asset is saved, open its page and you'll find two more controls that keep the picture honest.

The asset's page: a Depreciation rate control, and a Recurring Costs ledger.

• The Depreciation (or Appreciation) card sets the annual rate the asset's value drifts by — a property might tick up, a car ticks down. The line at the bottom shows what that means in five years.
• Recurring Costs is where the running expenses go. Click Add Cost and log things like Fuel, Insurance, Maintenance, Property Tax or Society Charges, each set to /mo or /yr. The card totals them into a yearly figure.

Tip: These costs and the depreciation rate feed your projections, so the future picture reflects the real cost of holding the asset — not just its sticker value.