401Ks revisited

Matthew Vanecek mevanecek@yahoo.com
07 Sep 2002 09:37:58 -0500


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On Tue, 2002-09-03 at 22:50, Matthew Vanecek wrote:
> I have a couple of questions concerning creating/maintaining 401k
> accounts.  I've read through the last few posts regarding the subject,
> and apparently no satisfactory resolution was ever reached.
>=20
> 1) I'm trying to create a mutual fund account based on what's currently
> in my 401K.  I create the account, but when I try to add the opening
> balance (current to today), the numbers get all mixed up.
>=20
> 	Firstly, when I enter the "Opening Balance" (which is not allowed in
> account creation), which account do I use for the Transfer account?=20
> Every other opening balance goes to the default Equity:Opening Balances
> account, but the Mutual Fund balance will, of course, vary with the
> price of the fund.
> 	Also, the numbers get messed up.  There are three columns I am
> populating, "Shares", and "Price", and "Buy". So, I enter 77.469 in
> Shares, 39.70 in Price, and 3075.52 in Buy.  GNUCash changes 77.469 to
> 77.47, and forces the Buy to be 3075.56.  When I press Enter, GNUCash
> changes Shares to 3075.56, and Price to 1, and Buy to 3075.56.  Now, I
> DON'T have 3075.56 shares, and the price is definitely more than 1!=20
> What's happening here?  How can I successfully track this information?
>=20
> 2)  77.469 in Shares.  Mutual Funds I'm familiar with allow 3 decimal
> places for fractional shares.  Fractional shares are the de facto
> standard in 401Ks.  How can I make GNUCash not round this number?  I've
> changed the auto-decimal places in Settings to no avail.  This forced
> rounding causes the price*shares to be incorrect according to what my
> 401K manager is showing.
>=20
> I get the same behavior with the Stock accounts.  What gives?
>=20

I should probably mention that I have this problem with both 1.6.6 and
1.6.8.

--=20
Matthew Vanecek
perl -e 'print
$i=3Dpack(c5,(41*2),sqrt(7056),(unpack(c,H)-2),oct(115),10);'
***************************************************************************=
*****
For 93 million miles, there is nothing between the sun and my shadow
except me.
I'm always getting in the way of something...

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