share prices and rounding errors, cannot reconcile extra pennies

[Jeff Earickson]

Doh!  I discovered this in more playing around.  Since it asks for number
of shares and price first, I didn't think to skip over the price to cost.

Gnucash beats Quicken bigtime here.  I could never enter more than 4 digits
beyond the decimal for a price (a sign of a 32-bit program) in Quicken 2007
and could never kill rounding errors.  GC will take 8 or 9 digits (a sign
of a 64-bit code) if needed and kill rounding errors for me.  Thank you,
thank you.

My first impression of Gnucash: **really** well done, code, documentation,
website, everything.  The guide book is very well written and got me going
by working thru the examples in each chapter before trying my own data.
The program itself is a great piece of coding.  I'm on a Mac (MacOS
10.9.1).  Thanks to all who developed this.

Jeff

On Sat, Feb 22, 2014 at 5:52 PM, Mike Alexander <mta at umich.edu> wrote:

> --On February 22, 2014 4:27:22 PM -0500 Jeff Earickson <jaearick at colby.edu>
> wrote:
>
>  A penny here, a penny there, and pretty soon your cash account is 7
>> or 8 cents off and you can't reconcile.  Is there a fix for this in
>> Gnucash? How do other deal with this annoyance?
>>
>
> I just enter the number of shares purchased and the total cost and let
> GnuCash calculate the price (which it is happy to do).  The price is
> usually different than the one reported on the statement, but this doesn't
> really matter.
>
>                Mike
>
>