You can always replace the DRIP prices by retrieving online quotes after creating the transactions. You could also edit or delete the DRIP transaction prices in the price DB; it won’t have any effect on the transactions.
Regards, John Ralls > On Sep 13, 2024, at 08:26, R Losey <rlo...@gmail.com> wrote: > > 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. _______________________________________________ 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.
