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

[Derek Atkins]

The price column is a computed value of Total Value / #Shares.
The price is not stored anywhere.

So, no, you cannot have the price reflect anything other than Total Value
/ # Shares.

-derek

On Wed, March 12, 2025 9:14 am, G.W. via gnucash-user wrote:
> So there's no way to have the price reflect accurately in the price column
> for this scenario? (I already have set 1/1000).
>
> On Wednesday, March 12th, 2025 at 8:56 AM, Murugan Mariappan
> <m.muruganandam at hotmail.com> wrote:
>
>> Check the fraction traded field in your security and adjust it to
>> 1/1000. Ensure your account uses the commodity value under the smallest
>> fraction field. Enter the debit value as $1.04; the system will
>> calculate the price as $130 due to rounding. Your bank should update
>> correctly with the $1.04.
>>
>> Saludos Cordiales
>>
>> Murugan
>>
>> ---------------------------------------------------------------
>>
>> From: gnucash-user
>> <gnucash-user-bounces+m.muruganandam=hotmail.com at gnucash.org> on behalf
>> of G.W. via gnucash-user <gnucash-user at gnucash.org>
>> Sent: 12 March 2025 08:50
>> To: gnucash-user at gnucash.org <gnucash-user at gnucash.org>
>> Subject: [GNC] Stock transaction: how to record "buy amount" being more
>> or less than product of "shares * price"?
>>
>> 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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-- 
       Derek Atkins                 617-623-3745
       derek at ihtfp.com             www.ihtfp.com
       Computer and Internet Security Consultant