What am I getting wrong?

[Marcelo Muñoz]

While reading the manual '4.5.3 Fixing Lot Prices', I came across this example.

     2009/01/01 Shell
         Expenses:Gasoline             11 GAL {=$2.299} @ $2.30
         Assets:Checking

 When I calculate the balance for this example, the Cash account balances at $-25 and not $-25.29. Is this correct, or am I misunderstanding something?

I would also appreciate it if someone could explain this paragraph to me. As I understand it, capital gains or losses are generated at the moment of sale, not at the moment of purchase:

This transaction says that you bought 11 gallons priced at $2.299 per

gallon at a _cost to you_ of $2.30 per gallon.  Ledger auto-generates a
balance posting in this case to Equity:Capital Losses to reflect the 1.1
cent difference, which is then balanced by Assets:Checking because its
amount is null.

my ledger version is: Ledger 3.3.2-20230330

Thank you in advance!!

Marcelo

[John Wiegley]

>>>>> "MM" == Marcelo Muñoz <ma.muno...@gmail.com> writes:

MM> While reading the manual '4.5.3 Fixing Lot Prices', I came across this
MM> example.

MM>      2009/01/01 Shell
MM>          Expenses:Gasoline             11 GAL {=$2.299} @ $2.30
MM>          Assets:Checking

MM>  When I calculate the balance for this example, the Cash account balances
MM> at $-25 and not $-25.29. Is this correct, or am I misunderstanding
MM> something?

Hi Marcelo, can you please include the command you used to “calculate the
balance”?

Thanks, John

[Igbanam Ogbuluijah]

I think it's a rounding problem.

The command to calculate the balance is the default ledger balance.

The fixed version of this specifies a commodity with decimal places.

commodity $
  format $1,234.56

2009/01/01 Shell

  Expenses:Gasoline         11 GAL {=$2.299} @ $2.30

  Assets:Checking

Without the commodity specification, ledger seems to round the amounts to the nearest whole.

Igbanam

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[John Wiegley]

>>>>> "IO" == Igbanam Ogbuluijah <xigb...@gmail.com> writes:

IO> The fixed version of this specifies a commodity with decimal places.

I see, this is simply a display matter. You can see the “real” value using the
--unround switch, even without the commodity setting:

$-25.289 Assets:Checking
11 GAL Expenses:Gasoline
--------------------
$-25.289
11 GAL

John

[Marcelo Muñoz]

Thanks for your answers! Do you think I should open an issue with this? 

 I remember reading in the doc that Ledger should display

 the commodity using the same format in the  reports  as it's used in the journal file.

Marcelo

[John Wiegley]

>>>>> Marcelo Muñoz <ma.muno...@gmail.com> writes:

> Thanks for your answers! Do you think I should open an issue with this?   I
> remember reading in the doc that Ledger should display  the commodity using
> the same format in the  reports  as it's used in the journal file.

True, but it never “observes” the precision used in pricing amounts, since
those are so often of very high precision when the ordinary amounts are not.
The commodity directive was created to solve this very problem, so I would
recommend that route as the best solution in this case!

John