[GNC] GnuCash_user: rounding errors and significant digits

[David Carlson]

What you do not understand is that John Ralls and GnuCash recommend
entering the total amount and the total number of shares and letting
GnuCash calculate the price. THEN there is no error in the account running
balance.  This is not going to change.

On Sat, Oct 7, 2023 at 8:07 PM Bruce McCoy via gnucash-user <
gnucash-user at gnucash.org> wrote:

> Hi Everyone,
>
> On Oct 7, 2023, at 12:39, Bruce McCoy via gnucash-user wrote:
>         >If I have missed it, please help me.
>
>
> On Sat Oct 7 15:52:28 EDT 2023 John Ralls wrote:
>         >What you missed is my explanation that if
>         >user's books are out of balance it's their
>         >fault, not GnuCash's. The trial balance
>         >report will help them discover the imbalance
>         >but it's up to the user to decide whether
>         >to spend time tracking it down or to create
>         >a simple correcting transaction to fix it.
>         >There are no plans to change that.
>
> Thank you for helping me. It is quite possible I missed something in your
> explanation. I do that a lot. It is one reason I appreciate Jim DeLaHunt so
> much.
>
> Let me explain what I think I understand. It was my impression that you
> were saying that when either the “Computing cost of goods sold”
> calculations or the “Average Cost price source” differ from the “the trial
> balance report” calculations the books would be out of balance. I’d agree
> with that and that GnuCash should not make any changes in these cases. If
> the user's books are out of balance it's their fault, not GnuCash's.
>
> What I do not yet understand is if GnuCash considers a price per share of
> 10.89 to be a precise figure, why GnuCash does not calculate 1,377.41 *
> 10.89 = 15,000.00 for Jeff. If GnuCash doesn’t, would we consider making a
> change to GnuCash to allow it?
>
> Best Regards,
> Bruce McCoy
>
>
> |  | Virus-free.www.avast.com |
>
> _______________________________________________
> gnucash-user mailing list
> gnucash-user at gnucash.org
> To update your subscription preferences or to unsubscribe:
> https://lists.gnucash.org/mailman/listinfo/gnucash-user
> -----
> Please remember to CC this list on all your replies.
> You can do this by using Reply-To-List or Reply-All.
>


-- 
David Carlson