Mutual fund prices precision

[AC]

I know the share count matters, but the share count is wrong and I can't
get it working properly to match the statements.  Doesn't matter if I
let GC compute the price or compute the buy/sell total, it still seems
to be off slightly in the share totals.

For one account the shares as listed on the statement are 950.971 but GC
is computing 949.632 even though I started the account from scratch and
entered every transaction manually.  Most of the other funds differ in
shares by 0.01 but this one is a larger difference of a whole point.
This is also the only account where most of the prices have
autocorrected themselves so that's why I'm suspicious of the things
going on in the background.

On 2015-08-01 16:58, Edward Doolittle wrote:
> 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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> 
> 
>