Re: Share Discrepancy

[ Message Board ] [ Archives ] [ Search ]

Posted by Mark on September 04, 2007 at 15:55:47:

In Reply to: Re: Share Discrepancy posted by Steve on September 04, 2007 at 00:46:46:

: Mark,

: I've messed with the settings options to change the decimal place, thinking this might address the problem but it doesn't. What follows is another illustration of what happens:

: 450 shares of stock purchased at $14.35964, with a commission of $10.99. Principle amount $6,461.84. Net amount $6,472.83.

: Fund Manager insists on correcting this transaction with total shares purchased 442.04, rather than 450 shares, no matter what.

: Must be doing something wrong.

Hi Steve,

Where are you viewing the 442.04 shares? When you enter this Buy transaction, there are 4 fields:

Value, Shares, Price, and Commission

On the dialog, it shows:

Value = Shares * Price

so, for your example, each edit box should be filled in with:

Value: 6,461.84
Shares: 450
Price: 14.35964
Commission: 10.99

After you click OK, you should be able to edit that transaction, and see the same numbers. Maybe you are looking at 442.04 in some report, and you also have some other transactions recorded? Do you have any splits or other transactions recorded? Look in the Data Register under the 'Investments (all)' and 'Splits' data types.

Thanks,
Mark
--
Fund Manager - Portfolio Management Software

Replies: