Mutual fund prices precision

[Edward Doolittle]

AC,

The share count is what matters when you reconcile the account, not the
price. You should enter the amount you paid and the number of shares you
received, and let GnuCash calculate the price for you.

Edward

On 1 August 2015 at 17:37, farleykj <farleykj at gmail.com> wrote:

> I tried this out, via the following, pretty much as you described:
> (1) enter 47.889 shares in that column.
> (2) enter 4.76 in the price column
> Make no other entries, <tab> through to the next line of the split.
> The result is the total is calculated as 227.95. This results in the price
> per share being adjusted to the 4.75997 value. The number of shares is
> unchanged. Thus I don't understand what you mean by the final share count
> being off.
> I suspect what's happening is because the registers are only allowing the
> balance column to represent numbers with two decimal places, since we're
> dealing with dollars and cents. It calculates the total to be 47.889 * 4.76
> = 227.95164, rounds that to 227.95, then recalculates the price to be
> 4.75997.
>
>
>
> -----
> Ken Farley
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-- 
Edward Doolittle
Associate Professor of Mathematics
First Nations University of Canada
1 First Nations Way, Regina SK S4S 7K2

« Toutes les fois que je donne une place vacante, je fais cent mécontents
et un ingrat. »
-- Louis XIV, dans Voltaire, Le Siècle de Louis XIV, Chap. XXVI