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| tgnit | I was searching for accounting issues related to rounding on the internet and here are some links | 18:18 |
|---|---|---|
| tgnit | http://www.accountanttown.com/site/why-are-the-amounts-on-the-financial-statements-rounded-to-thousands-or-millions | 18:18 |
| tgnit | http://stackoverflow.com/questions/2860432/common-strategies-to-deal-with-rounding-errors-in-currency-intensive-soft | 18:18 |
| tgnit | I found that most of the rounding problem does not apply to ledger , for example the bulk accumulated error does not occur in ledger. | 18:20 |
| bkuhn | That's definitely very good. | 18:21 |
| bkuhn | We should document how good Ledger-CLI is in this regard. :) | 18:21 |
| bkuhn | (I'll be offline for about 30 min) | 18:21 |
| tgnit | This is due to the fact that internally ledger stores every amount as rational number and rounding occurs only at the time of display. So it is off by a few cents or to the precision set. | 18:21 |
| tgnit | sure . | 18:21 |
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