How Value is Calculated

Value is the foundation of your wealth tracking in NetFiscus. It represents how much your assets are worth at any given point in time.

What Value Tells You

Value answers a simple question: “How much is this worth right now?”

When you record a value for an asset - whether it’s a brokerage account, real estate, or cryptocurrency - you’re capturing a snapshot of its worth on a specific date. NetFiscus uses these snapshots to build your complete wealth picture over time.

Why Value Matters

• Track growth over time - See how your investments have performed month by month and year by year
• Understand your total wealth - Combine all your assets into a single portfolio view
• Calculate other metrics - Values power calculations like P&L and MWRR
• Support multiple currencies - Track assets in any currency and see them converted to your preferred display currency

Recording Values

You can record values in several ways:

• Manual entry - Add a single value for any date
• Bulk import - Upload multiple values at once via CSV
• Multiple currencies - Record values in different currencies on the same day (useful for assets held in multiple currencies)

Each value you record creates a data point that NetFiscus uses to build your historical charts and calculate your metrics.

How Historical Charts Work

When you view your value history, NetFiscus generates a chart showing your wealth over time. Here’s how it handles different scenarios:

Gaps in Your Data

You don’t need to record values every single day or even every month. When there’s a gap in your recorded values, NetFiscus carries forward your last known value.

For example:

• You record a value in January
• You skip February and March
• You record a new value in April

In this case, your January value is carried forward to fill in February and March. The chart shows this clearly so you know which values are recorded versus carried forward.

Multiple Values on the Same Day

If you have assets valued in different currencies, you might have multiple values recorded on the same date. NetFiscus handles this by:

1. Taking each value in its original currency
2. Converting each to your display currency using exchange rates
3. Showing the combined total on your chart

Two Tracking Modes

NetFiscus supports two different ways to track your assets:

Financial Mode (Default)

Best for investment accounts like brokerages, retirement accounts, and bank accounts.

In Financial mode, your tracked position includes:

• Your last recorded asset value
• Plus any deposits or withdrawals since that value was recorded

This gives you an up-to-date picture even if you haven’t recorded a fresh value recently. For example, if your brokerage was worth $10,000 last month and you deposited $500 this month, NetFiscus shows $10,500 until you record a new value.

Other Mode

Best for non-financial assets or when you want values tracked exactly as recorded.

In Other mode, your tracked position simply equals your last recorded value - no cash flow adjustments. This is useful when tracking things like physical assets or quantities that don’t involve regular deposits and withdrawals.

Currency Conversion

NetFiscus automatically converts your values to your preferred display currency. Here’s how it works:

How Rates Are Determined

Exchange rates are fetched from reliable financial data sources and cached for performance. When a specific date’s rate isn’t available, NetFiscus uses the most recent rate before that date.

When Conversion Happens

• For current values - Uses today’s exchange rates
• For historical charts - Uses the exchange rate at the end of each period (month or year)
• For carried-forward values - Recalculates using current rates, giving you an accurate “what’s it worth now” perspective

Special Currency Support

NetFiscus supports major world currencies as well as commodities like gold (XAU) and silver (XAG), and special currencies like SDR (Special Drawing Rights used by the IMF).

Confirmed Date Boundary

Each asset has a confirmed date - the date up to which you’ve verified your values are accurate. This helps NetFiscus:

• Only include verified data in calculations
• Prevent future-dated entries from affecting your current metrics
• Give you control over which data is “locked in”

Learn more about confirming your data.

Value vs. Other Metrics

Value is the raw input; P&L and MWRR are calculated from your values combined with your cash flows (deposits and withdrawals).

Requirements

• At least one value is needed to begin tracking an asset
• Values cannot be negative for assets (you can’t have negative worth)
• Currency must be specified for each value (3-letter code like USD, EUR, GBP)

Tips for Accurate Tracking

1. Record values consistently - Monthly snapshots work well for most people
2. Use the same time of month - End-of-month values make charts easier to interpret
3. Don’t worry about gaps - Carried-forward values fill in automatically
4. Record in the native currency - Let NetFiscus handle conversion to your display currency
5. Keep assets in sync - When you update one asset to a new date, others may show as needing attention - confirm them if values haven’t changed