Hi Everyone,
David,thank you for responding. I appreciate your input. OnSat, Oct 7 at 1:25 PM David Carlson wrote: >Accordingto my HP handheld calculator, >15,000.00divided by 1,377.41 yields 10.8900. >Accordingto my hp 49g+ scientific graphing >calculator,15,000.00 divided by 1,377.41 yields >10.8900037026. Althoughthose calculators are not available to me, I agree that you are quiteright. >Idefy anyone to pay that amount per share in >U.S.currency. Weagree. We have agreement on a critical point. >Iam sure the broker's report showed >$10.89per share and $15,000.00 total paid Onceagain, we agree. >whichis what GnuCash would show if the user >selectedthe price to be calculated instead >ofthe total amount according to the attached >illustration because GnuCashwould show the >priceto the nearest cent Again,we age. >Ifshares were expressed to three decimal places >assome brokers' statements do, I suspect the >missingdigit would still be zero and the >resultwould not change for this example Onthe Microsoft standard calculator in my windows machine 15,000/10.89= 1,377.410468319559.David, your supposition is correct. We agree. >Whereis the problem? Accordingto Jeff Earickson, the problem is that his books do not balance. Inmy opinion, GnuCash is an excellent program with many experiencedpeople interested in it and many experienced developers developingit. I am impressed that you are so gracious you will discuss it withme. Speakingof $10.8900037026 per share you say, “I defy anyone to pay thatamount per share in U.S. currency.” We agree. At one time in thepast, developers of GnuCash decided to treat price per share as anapproximation and the number of shares traded in a transaction as aprecise number. We agree that no one is going to pay$10.890,003,702,6 per share of a stock. You seem to be saying that,in this transaction, the purchaser paid $10.890,000,000,0 per shareof the stock. If so, that implies that you believe, and we agree, thenumber of shares traded might not always be a precise number. Butregardless of that, the essential issue seems to be, to me, thatGnuCash is not yet using numbers with enough significant digits toalways calculate results sufficient for our users needs. Whatare we going to do for people like Jeff Earickson? _______________________________________________ gnucash-user mailing list gnucash-user@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.
