Dividend transaction results in unbalanced balance sheet

[Derek Atkins]

What do you mean that "GnUCash will prevent this?  Oh, because GnuCash thinks
the transaction is imbalanced?   I have to wonder:  how many sig digits do
you have assigned for this particular commodity?

-derek

Quoting Jim Muchow <jmuchow at gmail.com>:

> This will happen especially with mutual fund/stock re-investments.
>
> I don't think it's an error - rounding or otherwise. I've seen it in
> both GnuCash and Q*****n. With the latter, I used create penny
> or two commisions (sometimes even negative ones). GnuCash
> sort of prevents this so now I adjust the price of the offending object
> to handle this situation. The fact is that penny ot two will cause a very
> small (ie, insignificant tax-wise) price change.
>
> Just my two cents. Heh.
>
> On 4/14/06, Derek Atkins <warlord at mit.edu> wrote:
>> It certainly sounds like a rounding "error", but not necessarily in
>> the math routines.  More likely the rounding in the report is
>> different than the rounding in the Chart of Accounts..
>>
>> What version of GnuCash?
>>
>> -derek
>>
>> Quoting John Schoffstall <john.schoffstall at pobox.com>:
>>
>> > This is odd.
>> >
>> > My 403(b) received three dividends on March 22, and three lots of its
>> > mutual fund were purchased. Dividend was credited to
>> > Income:Dividends. Since the purchase, my balance sheet has been off
>> > by penny.
>> >
>> > I've tracked down the offending transaction to that
>> > dividend/reinvestment. If I take those transactions out, the balance
>> > sheet balances. If not, it doesn't. I've tried changing the balance
>> > sheet's Options -> 'Price Source', but no dice. I've tried lumping
>> > the three dividends together into one transaction, but the same thing
>> > happens, off by a penny. I've deleted the transactions and reentered
>> > them several times. Same thing happens. (I.e., it's not a typo.) Each
>> > individual dividend reinvestment transaction is balanced.
>> >
>> > The penny off balance is annoying. Given the tiny size, maybe this is
>> > rounding error in the math routines?
>> >
>> > Anyone else seen this? Any ideas for a fix?
>> >
>> > == John
>> > _______________________________________________
>> > gnucash-user mailing list
>> > gnucash-user at gnucash.org
>> > https://lists.gnucash.org/mailman/listinfo/gnucash-user
>> > -----
>> > Please remember to CC this list on all your replies.
>> > You can do this by using Reply-To-List or Reply-All.
>> >
>>
>>
>>
>> --
>>        Derek Atkins, SB '93 MIT EE, SM '95 MIT Media Laboratory
>>        Member, MIT Student Information Processing Board  (SIPB)
>>        URL: http://web.mit.edu/warlord/    PP-ASEL-IA     N1NWH
>>        warlord at MIT.EDU                        PGP key available
>>
>> _______________________________________________
>> gnucash-user mailing list
>> gnucash-user at gnucash.org
>> https://lists.gnucash.org/mailman/listinfo/gnucash-user
>> -----
>> Please remember to CC this list on all your replies.
>> You can do this by using Reply-To-List or Reply-All.
>>
>
> _______________________________________________
> gnucash-user mailing list
> gnucash-user at gnucash.org
> https://lists.gnucash.org/mailman/listinfo/gnucash-user
> -----
> Please remember to CC this list on all your replies.
> You can do this by using Reply-To-List or Reply-All.
>



-- 
       Derek Atkins, SB '93 MIT EE, SM '95 MIT Media Laboratory
       Member, MIT Student Information Processing Board  (SIPB)
       URL: http://web.mit.edu/warlord/    PP-ASEL-IA     N1NWH
       warlord at MIT.EDU                        PGP key available