stock adjustments

[Steve Kelem]

After several long talks with ING, I found that only one of the three numbers is accurate: how much money I put in.  The price is rounded, as are the number of shares.
What is "SCU"?

Thanks,
Steve

Derek Atkins said the following on 04/30/2007 03:03 PM:
> rlu53417 at earthlink.net writes:
> 
>> What stops you from doing your own share calculation up front instead
>> of relying on their bad numbers?
>>
>> On Sat, Apr 21, 2007 at 10:45:30PM -0700, Steve Kelem wrote:
>>> The problem is that for ING Retirement accounts, the # shares in transactions don't add up to the amount
>>> in their summary lines.  One of the ING reps said it's because internally they compute # shares to 6 decimal points, but tell their customers about only 3 of those decimals, so the numbers "may not add up."  For example, the sum of # shares in transactions comes to 73.003 shares, but the ING summary shows 73.000 or 73.006 shares.
>>>
>>> So that I can reconcile my Gnucash representation of this account, I need to add dummy transactions.
>>> My question is "What's the best form for this dummy transaction?"
> 
> Yeah, I'd go back and try to recompute the actual share amounts
> instead of trying to "fudge" it later.  You can even set gnucash to
> use 6 digits, but then you might need to guess exactly how many shares
> you're getting.  Are the PRICES accurate?  You only need two of the
> three values to be accurate:  #shares, price, $value.  The third can
> be computed.   But note that GnuCash only stores #shares and $value,
> so you should change the commodity SCU to increase it to 6 decimal
> places if you choose this route.  But this is the route I suggest.
> 
> -derek