Before you start
Use this workflow when an existing asset has a new value or better valuation evidence. Edit the valuation only when you want to update the current mark of the same asset. Do not use a valuation edit to hide a capital call, distribution, deposit, withdrawal, sale, transfer or duplicate record.
Detailed steps
Open Assets and find the asset to update
Start in Assets and find the exact row you want to update. Check the asset name, source, category, current value, currency and gain/loss before opening it. If the row is not the asset you meant to change, stop here and find the correct record instead of editing the wrong one.
Open More details and read the current summary
Use More details to open the full record. Read the current value and the asset-specific fields first. For a private investment, commitment, called capital and unfunded commitment matter because they explain future cash obligations separately from current value.
Open Value before you edit anything
Open the Value tab and check owned value, ownership, gross value, amount invested, liquidity, last updated, valuation date and valuation method. This tells you what number currently feeds Assets, Net Worth, Capital Review, Forecast and shared views.
Choose Edit value
Use Edit value when the current value, date, method, source or related valuation fields need to change. The edit form may show broader asset fields too. Review them before typing so you do not accidentally change category, liquidity, commitment or cost basis while only trying to update valuation evidence.
Update the value and the valuation explanation together
Enter the new current value from the source. Keep the currency as the source currency. Update the valuation date to the date the value represents. Update valuation method so the record says what the value really is, such as manager statement, appraisal, market estimate or owner estimate.
Save and check the detail screen
Save only after value, currency, date and method are consistent. When the detail screen returns, confirm the headline value changed to the expected amount. If the detail screen still shows the old value, refresh once and reopen the asset before making another edit.
Return to the table and verify the row
Close the detail modal and check the table row. Confirm owned value, currency, liquidity and gain/loss changed as expected. A valuation edit can change Net Worth immediately; if the movement looks too large, compare the saved row with the source before relying on the dashboard.
Open Capital Review when checks still apply
Open Capital Review if the asset is private, illiquid, concentrated, stale or missing evidence. A new value can change the size of a check without removing it. Read the affected assets and next steps before marking anything reviewed.
Field guide
The asset value counted in Assets and Net Worth.
Use the latest credible source value; do not enter original cost here.The currency of the value you entered.
Keep the source currency unless the source already reports a converted value.Cost basis, paid-in capital or original contribution where known.
Do not change it just to make gain/loss look cleaner.The date the value represents.
Use the statement date, appraisal date or estimate date, not necessarily today's date.The type of evidence behind the current value.
Use a truthful label such as manager statement, appraisal, broker statement, market estimate or owner estimate.How quickly this asset can realistically become cash.
Do not change locked private assets to daily unless there is a real redemption or sale path.Total private-investment capital agreed, when relevant.
Keep it separate from current value.Capital already called or paid in for private investments.
Use capital call evidence; do not infer it from current value.Remaining commitment not yet called.
Treat it as a future funding need, not as current asset value.Portfolio checks that may still involve the edited asset.
Open it after material edits to understand remaining warnings.Decision rules
What it adds
- Keeps current net worth aligned with the latest evidence.
- Improves review quality by recording why the number changed.
- Reduces false alerts from stale valuation metadata.
What it does not do
- A value edit is not a transaction ledger entry.
- The app cannot infer taxes, fees or realized gains from a manual edit alone.
- Old imported metadata may limit historical movement explanations.
Common mistakes
What to check
- Do not change currency to force a display result; use the actual asset currency.
- Check ownership percentage before changing full asset value.
- Use notes for estimates, contested values or values based on verbal updates.
- Avoid overwriting source-backed data with unsupported guesses.
Editing the wrong row because two assets have similar names.
Changing current value without updating valuation date or method.
Using a valuation edit to record a contribution, capital call, sale, distribution or withdrawal.
Changing currency to match the dashboard instead of the source.
Treating a manager mark, owner estimate or appraiser estimate as a guaranteed sale price.
Changing liquidity to make Forecast look better.
Overwriting source-backed data with a guess and leaving no explanation.
Ignoring Capital Review after a material valuation change.
After you save
- Check the asset row in Assets.
- Open Net Worth if the value change was material.
- Open Capital Review and review any checks that still list the asset.
- Keep the source statement, appraisal or manager report available in Documents when the asset is material.
- Use a transaction, distribution, capital call or sale workflow instead of a valuation edit when cash actually moved.
- Update the valuation again when a new source replaces the current mark.