Proposal for modifying gnucash to use exact quantities

Terry tboldt@attglobal.net
Tue, 25 Jul 2000 15:47:11 -0400


On Tue, 25 Jul 2000, you wrote:
> Clark Jones <jones@inficad.com> writes:
> > I hate to quibble with Gribble :-), but in actuallity the bill establishing
> > the Dollar as the U.S. currency (written by Thomas Jefferson) defines the
> > "mill" -- which is 1/1000 of a U.S. Dollar -- though the only places where
> > you're likely to run into it is at the gas pump and calculating real estate
> > taxes.  
> 
> I'm a little confused about this.  Where is a "mill" actually a valid
> amount for a financial transaction?  You certainly can't take one out
> of a bank account. 
> 
> Is this just an anachronism?  Are there *any* places where correct
> record keeping requires one to keep track of dollar values down to the
> 1/1000 of a dollar?
> 
> b.g.
> 

Yes stock transactions