Rounding errors and reconciliation
At the start of the new year, one the of securities in my 401(k) had a name change. My 401(k) account reflected this as transferring all funds out of one security and into a new security.
In MD I have a SellXfr of security A and a BufXfr of the new security B in my 401(k) register to reflect this. However due to rounding errors, MD is still showing I have .0018 shares of security A for a total of $0.19. I don't know how to zero out the balance of security A. It seems creating a 'correctional' Xfr entry to just reconcile the difference always ends up with a minute rounding error meaning it's impossible for me to zero out security A.
Can anyone offer some advice on how to fix this?
On another note precision seems awful with MD. If I create an arbitrary entry of 1.00, it will become 1.00043 for example. The precision is very low. If MD uses the default of a Java double, the precision should be much higher. Even using floats the precision should be much higher. What's the deal with this?
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1 Posted by jrhite on Jan 17, 2010 @ 05:00 PM
Can someone on the support team please lend a hand here? Need some help using the product.
2 Posted by Angie Rauscher on Feb 16, 2010 @ 04:17 PM
Responding here http://help.infinitekind.com/discussions/problems/705-rounding-issues
Angie Rauscher closed this discussion on Feb 16, 2010 @ 04:17 PM.