[GNC] Stock transaction: how to record "buy amount" being more or less than product of "shares * price"?

[G.W.]

How do I ignore it when I have to account for the price discrepancy?

For example, if $1.04 comes out of my bank account to buy shares, and only $1.00 shows up in the stock account, there is a $0.04 imbalance.



On Wednesday, March 12th, 2025 at 8:10 AM, sunfish62 at yahoo.com <sunfish62 at yahoo.com> wrote:

> 
> 
> Short answer: ignore the price recorded in GnuCash. It is calculated from the shares and amount.
> 
> ⁣David T.
> 
> On Mar 12, 2025, 2:51 PM, at 2:51 PM, "G.W. via gnucash-user" gnucash-user at gnucash.org wrote:
> 
> > My investment firm (Fidelity) allows the buying of fractional shares. I
> > purchased some shares of stock with the following details:
> > 
> > Purchase-1: shares: 0.008 | price per share: $124.42 | total amount I
> > paid to get the 0.008 shares = $1.04
> > 
> > Purchase-2: shares: 10 shares | price per share: $111.25 | total amount
> > I paid to get the 10 shares = $1,112.45
> > 
> > As you can compute by doing the math, the total amount paid does NOT
> > equal shares*price. Purchase-1 should have only costed $1 and
> > Purchase-2 should have costed $1,112.50.
> > 
> > How do I account for this in Gnucash because it will not let me input
> > the actual money I spent on the shares. Is there a way to override
> > Gnucash's automatic calculation?
> > 
> > (I phoned Fidelity and they explained this discrepancy is normal, a
> > result of fractional share buys).
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