Sometimes GnuCash and web sites round my stock shares to 2 places, TD Ameritrade and most do 3 places, for dividend reinvestment or mutual funds, but Schwab now does 4 places, so I have a mix of 3 and 4 places to reconcile to!
The durable truth is that they take $x.yz and buy a.bcde or a.bcd shares of stock, based on the current NAV, and round or truncate away the digits to the right. So, the actual price for small amounts may vary a lot from the NAV. I reminds me of my 20% tip rounded up to the next dollar (who wants a tip in coins?) plus a dollar, which is often more than 25% for a cheap breakfast. (On a more expensive meal, where it calculates $19, I tip $20, as using 4 ones seems silly. We started tipping in cash as it makes the servers happier to lie a little bit on their taxes.) Money is real, shares are real, prices are derived and can vary a lot! Amusingly, Morningstar Portfolio's Modify page does not take value, it takes shares and price, so I send it the funny prices GnuCash calculates, and it is happy calculating my gain or loss. I wish they mutual funds would adjust their artificially derived prices to about $10 so a penny buys .001 share, and there is not much variance with rounding or truncation. But they have bigger fish to fry, or no cook in the kitchen (like DIA, SPY etfs). _______________________________________________ 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.
