gnc-prices tells GnuCash that my T-bills have quintupled in value

[Dave Peticolas]

Seth Gordon writes:
> I took advantage of the snow day to move the family's accounting from
> a forest of StarOffice spreadsheets to GnuCash (1.4.10 on a Red Hat
> Linux 6.2 system).
> 
> First, I want to congratulate the developers for all the hard work
> they devoted to making this excellent program.
> 
> Second, I have a problem (or a misunderstanding) with the way
> gnc-prices handles mutual funds.  I had an account configured like
> so:
> 
> Account name: Vanguard money market
> Currency: USD
> Security: VMPXX
> Account type: Mutual Fund
> Price quote source: Vanguard
> 
> The first line of the register for the account looks something like
> this:
> 
> Date: 2001-01-16
> Description: Adjust Balance
> Transfer: Equity
> R: c
> Bought: X
> Price: 1
> Value: X
> Total shares: X
> Balance: X
> 
> (where X is, of course, the number of dollars in the account at that
> time)

You should adjust the price to be the one at which you bought
the shares.

dave