[GNC] gnucash_user: rounding errors and significant digits

[Bruce McCoy]

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.David Carlson
~~~~~~~~~~~~~~~
David,  
Thank you for copying my reply to gnucash-user at gnucash.org. I'll try to do that in the future.  
  
Thank you for confirming my suspicion that financial institutions vary in their calculations.  Could it be that most of them report the fractions of shares traded to 3 or 4 decimal places and that there are only about 3-4 major rounding schemes?  If so, a programmer could design options to for the number of decimal places and the type of rounding used and also another option to let the user enter the values himself.  This would be relatively simple and should allow a lot of flexibility to gnucash.  
Concerning Trading Accounts, thank you for your reference to your 26 Jul 2022 message and the other comments -- including those of Peter Selinger.  
Cordially,Bruce




|  | Virus-free.www.avast.com |