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Re: Rounding

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Posted by Mark on August 04, 2002 at 13:58:25:

In Reply to: Rounding posted by Dick Pape on August 04, 2002 at 08:16:33:

: Love the product!

: I sold all shares of a fund and have -.01 value left over.

: I've tried several work arounds to no success. How should I do it?

: Thank you.

Hi Dick,

1) Go to the "Main" graphs window and choose "Options/Preferences.../Display"
and set your "Share" digit display to 6.

2) Go to "Edit/All Data..." and select "Investments (all)" data type. You
can then see where your share balance got off.

To prevent this in the future, here are some tips from the online help on
how to record transactions without causing rounding errors:

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.

Mark Beiley

Fund Manager, portfolio management software for Windows 95/98/ME/NT/00/XP

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