Fractional shares
Benjamin So
allegro at clear.net.nz
Tue Sep 27 12:19:37 EDT 2005
Actually, upon reflecting on this, why is it necessary to specify
fractions in both the commodity and the share account? Am I missing
something, or does this seem redundant? Potentially, you could have
multiple share accounts based on the one, fractional commodity, which
would result in each of these accounts having to be set to enable
fractional trading.
Similarly, why is the "download online quotes" flag available at the
account, rather than at the commodity level? I'm sure there's a good
reason for this, but I can't quite see it.
Ben
On 27 Sep, 2005, at 18:00, gnucash-user-request at gnucash.org wrote:
> Edit the share account and set the commodity fraction.
>
> -derek
>
> Quoting Ben <allegro at clear.net.nz>:
>
>
>> Hi there,
>>
>> I've subscribed to a dividend re-investment programme, which
>> results in the purchase of fractions of shares. I thought I
>> could account for this by going into the commodity editor
>> and setting the value of "fraction traded" to "1/1000".
>>
>> However, GnuCash rounds up the amount of my fractional
>> shares
>> to 2 (should really have been 1.729) and changes the price
>> accordingly.
>> Now my shareholding is overstated by 0.271 shares; not
>> exactly
>> significant in the great scheme of things, but I'd still
>> like to
>> get this right.
>>
>> Are there any other settings to be made for this to work?
>>
>> Ben
>
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