Mutual fund reinvestment option
divakar07 at dataone.in
Sun May 24 14:32:28 EDT 2015
Wm wrote on Sunday 24 May 2015 09:50 PM:
> Sat, 23 May 2015 13:13:56 <55602FBC.9020101 at dataone.in> Divakar R.
> <divakar07 at dataone.in>
>> Could someone advise what is wrong with the following transaction:
>> Income 600 from a mutual fund reinvested in the same fund at NAV of
>> 32.7940 resulting in a balance increase of 18.296 units was recorded in
>> GnuCash (ver 2.6.1 on Ubuntu 14.04) as a split transaction as follows:
> Most helpers on this list are up to date and don't go backwards. You
> could help yourself in this regard. Common language and all that.
I guess you mean I need to update GnuCash? I have read in detail the
earlier messages about using the getdeb repositories to get the latest
version, but have not gotten around to actually trying it. If it were a
version problem I would surely upgrade. Thanks.
>> Assets:Investments:Mutual Fund:Fund_A: Shares 18.296, Price 32.7940, Tot
>> Buy 600
>> Income:Mutual Fund:Fund_A: Tot Sell 600
> There may be a rounding error, however
Yes, if the price is adjusted to 32.7941 the error is less than 1e-3.
>> This results in the following errors:
>> 1. The balance in Fund_A against the transaction is shown blank, the
>> 18.296 units are not added to existing balance.
> sounds wrong
>> 2. In the home screen, all future minimum and total values for the fund
>> are blank
> I don't have a home screen, where do I buy one?
Sorry I do not know what else to call the main tab with the account tree
>> 3. Totals on home screen against the parent Mutual Fund account is also
>> shown blank.
> see above, I don't have a home screen.
>> Is there something I have missed? It seems simple enough to me - income
>> 600 reinvested should raise balance by 18.296.
> At the moment I'm thinking your view is through the Home screen that
> no-one else has.
> The basic reinvestment sums do work but I've no idea about your
> apparent view.
Adding intermediate lines as suggested by John Ralls has solved the
issue I reported in my original post though I do not understand why. I
will report back if I find out more by experimenting. There was a
similar solution suggested on this mailing list for getting income
correctly reported in the Advanced portfolio report wrt income from shares.
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