share prices and rounding errors, cannot reconcile extra pennies

[Derek Atkins]

Jeff Earickson <jaearick at colby.edu> writes:

> 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.

Keep in mind that GnuCash only stores the #shares and the total value;
the price is always computed.  So it's better for you to enter those
numbers, otherwise you might get rounding errors.

> Jeff

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-derek

-- 
       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