[GNC] Trouble entering Fund sale transaction

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[GNC] Trouble entering Fund sale transaction

Steve Kelem-3
I have an account that is set up as a Mutual Fund, using Commodity Value.

I transferred some $ into the account when the price was $10.00, and converted it to the proper number of shares.

I then tried to sell some shares. I entered -1943.2136 shares at a price of $10.02, with a transaction amount of $19,471.00. I hit enter and it says "The values entered for this transaction are inconsistent. Which value would you like to have recalculated? Shares, Price, or Value." The $ amount is accurate as is the # of shares. I don't care if the price is off by a few decimals, so I opt for Price.

It then changes the price to 1.000000, and the number of shares to -19,471! This is 1/10 the Price and 10x the number of shares!

I looked up the price in the database and it shows a price of $10.02 on the date of the transaction.

Why can't I represent the transaction correctly?

Thanks for any help you can give,
Steve Kelem

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Re: [GNC] Trouble entering Fund sale transaction

Michael Matz
Try entering the number of shares, clear the value for price, entering the
total value and then hit return. GnuCash should then calculate the price.

Michael

On Fri, Jan 18, 2019, 5:11 AM Steve Kelem <[hidden email] wrote:

> I have an account that is set up as a Mutual Fund, using Commodity Value.
>
> I transferred some $ into the account when the price was $10.00, and
> converted it to the proper number of shares.
>
> I then tried to sell some shares. I entered -1943.2136 shares at a price
> of $10.02, with a transaction amount of $19,471.00. I hit enter and it says
> "The values entered for this transaction are inconsistent. Which value
> would you like to have recalculated? Shares, Price, or Value." The $ amount
> is accurate as is the # of shares. I don't care if the price is off by a
> few decimals, so I opt for Price.
>
> It then changes the price to 1.000000, and the number of shares to
> -19,471! This is 1/10 the Price and 10x the number of shares!
>
> I looked up the price in the database and it shows a price of $10.02 on
> the date of the transaction.
>
> Why can't I represent the transaction correctly?
>
> Thanks for any help you can give,
> Steve Kelem
>
> _______________________________________________
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> To update your subscription preferences or to unsubscribe:
> https://lists.gnucash.org/mailman/listinfo/gnucash-user
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> https://wiki.gnucash.org/wiki/Mailing_Lists for more information.
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Re: [GNC] Trouble entering Fund sale transaction

David Carlson-4
On Sat, Jan 19, 2019 at 8:14 PM Michael Matz <[hidden email]> wrote:

> Try entering the number of shares, clear the value for price, entering the
> total value and then hit return. GnuCash should then calculate the price.
>
> Michael
>
> On Fri, Jan 18, 2019, 5:11 AM Steve Kelem <[hidden email] wrote:
>
> > I have an account that is set up as a Mutual Fund, using Commodity Value.
> >
> > I transferred some $ into the account when the price was $10.00, and
> > converted it to the proper number of shares.
> >
> > I then tried to sell some shares. I entered -1943.2136 shares at a price
> > of $10.02, with a transaction amount of $19,471.00. I hit enter and it
> says
> > "The values entered for this transaction are inconsistent. Which value
> > would you like to have recalculated? Shares, Price, or Value." The $
> amount
> > is accurate as is the # of shares. I don't care if the price is off by a
> > few decimals, so I opt for Price.
> >
> > It then changes the price to 1.000000, and the number of shares to
> > -19,471! This is 1/10 the Price and 10x the number of shares!
> >
> > I looked up the price in the database and it shows a price of $10.02 on
> > the date of the transaction.
> >
> > Why can't I represent the transaction correctly?
> >
> > Thanks for any help you can give,
> > Steve Kelem
> >
>
>
Steve,

There have been some bugs reported relating mainly to prices being shown in
fractional form, mainly in releases 3.x, that may complicate the internal
price computations.  If you are still having issues, please tell us which
version of GnuCash you are using, your OS, etc.

The way that you described your problem reminded me of a competitive
personal finance product that used to treat mutual funds in a strange way
without a parent brokerage account.  Be sure that you have structured your
fund under a separate brokerage account  as described in the help manual.

David C
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