What Derek said. Plus, the key important thing is that the number of shares and the money you actually spent are correct; these days (at least in the US), the brokerage is keeping track of correct prices.
I run into this with reinvested dividends, if the dividend amount is small and the stock price is relatively high... I can only buy a fraction of the stock, and those small amounts really throw off the price. But I've just learned to live with it. On Fri, Sep 13, 2024 at 10:13 AM Derek Atkins <de...@ihtfp.com> wrote: > The answer is "no". And your Broker is lying to you. There is no such > thing as $0.0036 so there is no "value" there. > > You should record the 4.000 shares and total value of $105.95 > > Ignore the "price" difference. It doesn't matter in the long run. Even > if you are worried about the price basis, you're talking a difference of 4 > x $0.0009 = $.0036. The IRS will round to the nearest whole dollar, so, > in other words, this amount is irrelevant. > > -derek > > On Fri, September 13, 2024 10:55 am, NS wrote: > > Thanks for the answers. There is a difference when I look at GNU Cash and > > my broker, albeit small, is there. > > I was just wondering if there was a way to set it up differently. > > > > > > On Mon, Aug 26, 2024 at 8:38 PM NS <ninosk...@gmail.com> wrote: > > > >> First, let me tell you I am a recent user of GNUCash, and by no means I > >> am > >> a bookkeeper or know a lot about accounting. > >> I am using the tool to keep control of some stock I own. > >> > >> Here is my issue. > >> I have a DRIP on the stock. My broker says the reinvested price of each > >> share was $26.4884, and they bought 4 shares for a total value of > >> $105.9536. > >> > >> Now, I cannot enter four decimals in the buy (I do not know if it is a > >> setting), even though the price handles them. > >> When I recorded the transaction in GNUCash y entered 4 shares and a buy > >> of > >> $105.95 and a price of $26.4875 was calculated. > >> > >> If I enter 4 shares and the price of $26.4884, it recalculates it to > >> $26.4875. > >> > >> How do I solve this? I want to keep track of the correct numbers. > >> > >> Thanks for your help. > >> > >> > > _______________________________________________ > > 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. > > > > > -- > Derek Atkins 617-623-3745 > de...@ihtfp.com www.ihtfp.com > Computer and Internet Security Consultant > > _______________________________________________ > 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. > -- _________________________________ Richard Losey rlo...@gmail.com Micah 6:8 _______________________________________________ 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.
