Increase precision of fractional share values

My company's 401k is held with The Principal Group. Share purchases on Principal are carried to nine digits to the right of the decimal point. While I totally agree this is a ridiculous level of precision, the problem is that Quicken rounds to six digits right of the decimal point, so over a fairly short time, your share balances reflected in Quicken and the corresponding portfolio value are not accurate.

I would like to see the field length for fractional shares extended to at least nine digits right of the decimal so I and other Principal clients no longer have to make periodic balancing adjustments. This is accounting. Accuracy matters.

Thank you.
1 votes

New · Last Updated