[Kmymoney-devel] Feedback - Funds

[aga]

On Mon, 25 Mar 2013 14:52:11 -0500
Nathan Schwarz <npschwarz at cableone.net> wrote:

> I have used kmymoney for a few years for my checkbook but have never 
> been able to use it for my mutual funds and IRA portfolio.  I checked
> it again last night and I see some improvements have been made.
> However, KmyMoney still doesn't seem to handle mutual funds properly.
> 
> I have set up a mutual fund institution and using the ledger I input
> the sale price as a total price for all funds ($2500).  I then input
> the number of shares purchased (19.901)   (Share price should be
> $125.620. It would seem more logical to input the sale price and
> calculate shares purchased).
> 
The number of decimal places is set in the Investment Details wizard
when you set up or edit a security.  Look at the fraction setting.
Whilst there, look also at the Price entry field, which allows one to
select to input either a total amount for a Transaction, or the price
per share.  You may find additional help in the handbook.

>   After inputting the total purchase price and the shares purchased
> and selecting 'enter' the first thing I notice in the ledger is that
> my quantity has been rounded down from 19.901 shares to 19.90
> shares.  The second thing I notice is that due to this rounding
> change the price has been calculated to be $125.6281 instead of the
> the actual price listed on the stock exchange of $125.620.  

> Finally
> in the Balance column and its total at the bottom it shows my
> quantity of 19.90 shares as the total dollar amount instead of the
> actual dollar amount of $2500.  This incorrect total of $19.90 is
> then carried to the home page as well instead of showing the actual
> value of the fund.  I think a total # of shares owned is vital
> information, but KmyMoney seems to be mixing it up in place of the $
> amount.
> 
> Please have someone well versed in mutual fund ownership look into
> this section of the software to ensure it is handling mutual funds
> properly.
> 
> Thank you
> Nathan

See if that helps, but let us know either way.  Incidentally, and in
case it may be relevant, what revision of KMM do you use, and what
distro/OS?

Allan