Coinbase transactions use 8+ significant decimal digits
Walter Kraslawsky
Member ✭✭
I track my Coinbase account in Quicken. Coinbase processes all of my fills with 8+ significant decimal digits, but Quicken is limited to 6 decimal digits for shares (coins), and two decimal digits for the price, commission, and total. Is there a preference in Quicken to increase share and USD significant digits for more accurate tracking?
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Jim_Harman ✭✭✭✭✭Per Quicken Help,
For each number you enter in the Price or Shares column, Quicken records up to 11 digits total, up to six digits after the decimal place.
There is currently no option to change this.
If you are not downloading transactions, perhaps you could track fractions of a share, so if you hold 1.23456789 shares at $987.654321 per share you would tell Quicken you have 1234.56789 shares at $0.987654. Generally it is more important to have an accurate count of the number of shares you hold than the exact price per share. Jim QWin Premier subscription6
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Answers
For each number you enter in the Price or Shares column, Quicken records up to 11 digits total, up to six digits after the decimal place.
There is currently no option to change this.If you are not downloading transactions, perhaps you could track fractions of a share, so if you hold 1.23456789 shares at $987.654321 per share you would tell Quicken you have 1234.56789 shares at $0.987654. Generally it is more important to have an accurate count of the number of shares you hold than the exact price per share.
I was just hoping Quicken had improved investment transactions by adding a preference or other user option (which I could not find) to increase the number of digits accuracy.
I suppose they'll fix this someday if enough users complain.
For example:
Default: 10.2 meaning 10 digits total, 2 decimal places
Coinbase: 16.8 16 digits total, 8 decimal places
Yen: 16.0 16 digits total, 0 decimal places