[GNC] David: gnucash_user: rounding errors and significant digits

[David Carlson]

On Mon, Aug 21, 2023 at 1:03 PM Bruce McCoy <email_bnj_now at yahoo.com> wrote:

> David.
>
> Thanks for your response.  You are right. gnucash usually matches the
> brokers' reports and it does calculate the price given the number of shares
> and the total currency, and internally gnucash has more precision in its
> calculations than two decimal places.
>
> Does it always match the brokers' reports?  Are the price, total currency
> and number of shares always in agreement?  Does gnucash have enough
> internal precision to always be accurate?
>
> Your kind answer shows that we both agree about the current capabilities
> of gnucash.  I also like gnucash -- as do the tens of thousands, as I
> understand it, of users.  You and I also know that there is room in gnucash
> for improvement.  Thank you for your evaluation.
>
> Best regards,
> Bruce
>
>
>
Bruce, please include the user list in your replies.  Then others are kept
in the loop.  I am copying your reply here this time.

Also, I am at my computer with a real keyboard so I will hopefully avoid
fat finger mistakes.  Your rhetorical questions do not have good answers.
Historically, there has not been consistency between financial
institutions' methods of calculation, and GnuCash would go crazy trying to
match all of them.  Further, some GnuCash features such as the one called
Trading Accounts have additional accuracy issues which are more concerning
to some users than to others.  See
https://lists.gnucash.org/pipermail/gnucash-user/2022-July/102072.html for
example.

I, for one, have found a way to get the results that I want from GnuCash.





>
>
>
> On Monday, August 21, 2023 at 01:35:06 PM EDT, David Carlson <
> david.carlson.417 at gmail.com> wrote:
>
>
> The developers can give you a more detailed answer, but in fact GnuCash
> carries much more prrcision inyernally.  To get the best results, enter
> number of shares and total currency then let GnuCash calculate the price.
> That usually allows GnuCash reports
> To mstch your brokers reports.
>
>
>
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-- 
David Carlson