Re: How do I round off the cents

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In Reply to: How do I round off the cents posted by Paul on October 26, 1999 at 19:25:15:

: The dollar value of my mutual funds are shown to 4 decimal places, for example $2389.4769. How do I set Fund manager so it displays only 2 decimal places ($2389.48)?

: Because Fund Manager uses 4 decimal places, the value of my funds and shares owned as shown in Fund Manager is always off by a few cents and a few fractions of shares as compared to the statements I receive from the fund. How do I fix this?

You can control the price and share display separately. For reports
this is controlled under "Options/Report Preferences..." in the "Number
Format" section. For graphs and the data register this is controlled
under "Options/Preferences.../Display".

To prevent rounding errors in your data read this section, from
the online help:

Recording Transactions Without Rounding Errors
Often there can be small rounding errors on your transaction summary statement, as provided by your fund
company. Improperly recorded, this can lead to small differences between the share balances reported by
Fund Manager and your statements. To prevent rounding errors, record the Value and Shares fields in
Fund Manager as displayed on your fund statement. Then, press the Tab key to move the input focus to the
Price field. Fund Manager will automatically adjust the Price field to be consistent with the Value and
Shares. This method records the Value and Shares as displayed on your statement. If there are rounding
errors on your statement, the Price recorded by Fund Manager will be adjusted to the correct price
(consistent with the Value and Shares). Fund Manager always ensures that Value = Shares * Price.
You can move the input focus around on a dialog box by pressing the Tab key on your keyboard. The
order that the focus moves around on a dialog box is referred to as the "tab order". The transaction dialogs
in Fund Manager have their tab order set to facilitate this recording method. The tab order in transaction
dialogs moves from the Value, to the Shares, and then to the Price controls.

To fix previously entered transactions, turn up the significant digits
on the display, and then edit your transactions to match the exact number
of shares shown on your statements.

Thanks,
Mark
--
Mark Beiley

Fund Manager for Windows 3.1x/95/98/NT

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