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The Price Editor is used to list and edit the price of one commodity in another commodity. New prices can be added, existing prices can be edited, and prices can be retrieved from a variety of sources on the World-Wide Web when the commodity is properly configured.
Each commodity pair can have one price per day. An existing price will be overwritten by a newer one if the newer one has the same or a more preferred source. The order of source preference (1 is most preferred) is:
user:price-editor: Prices created manually in the Price Editor
Finance::Quote: Online quotes
user:price: Prices entered explicitly in the Exchange Rateentry of the Transfer Funds dialog box or in the Price column of a register for an account of types STOCK or MUTUAL
user:xfer-dialog: Prices calculated from an entry in the To Amount entry of the Transfer Funds dialog box.
user:split-register: Prices calculated from the Shares and Debit or Credit columns of a register for an account of types STOCK or MUTUAL
user:stock-split: Prices entered in the Stock Split Assistant
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Prices created manually in the Price Editor are preferred over prices retrieved via Finance::Quote so Finance::Quote will fail to update such manually-created prices. | |
The Price Editor displays existing prices as follows:
Security: The Security/commodity being priced. The display is sorted by the Namespace that the individual securities are listed on. The list is expanded by clicking on the caret on the left of the name.
Currency: The currency the price is recorded in.
Date: The date the price was recorded.
Source: The source of the commodities price quote, listed above.
Type: There are several different types of stock price quotes.
Bid: Indicates what a specialist dealer is prepared to pay for a stock.
Ask: Indicates at what price the dealers are prepared to sell a stock.
Last: Indicate the price at which the last trade in that stock/security occurred at. This is the price most commonly quoted in the media.
Net Asset Value: Are typically used for mutual funds. They are calculated on the net value of the fund’s assets each day around the time of the market close and are in effect until the next recalculation.
Unknown: Use this if the type of price quoted is not known.
Price: The actual price of the commodity.
To add a new price, click on Add, and enter the details of the security and price into the dialog box. To edit an existing price, select the price in the price list, click the button, and edit the figures.
To remove just one price, select the price and click the button. If you want to remove all prices older than a certain date, click on the Remove Old button and enter the details in the dialog box.
A pop-up will display with the message "Delete all stock prices based upon the criteria below:". Enter the date of the last price you wish to delete.
Two check-boxes are below the date field;
Delete manually entered prices - If checked, delete manually entered stock prices dated earlier than the specified date. Otherwise only stock prices added by
Finance::Quotewill be deleted.Delete last price for a stock - If checked, delete all prices before the specified date. Otherwise the last stock price dated before the date will be kept and all earlier quotes deleted.
To support on-line quotations for a particular stock or mutual fund account, you must first enable
on-line price quoting and select a price source in the Security. This is described in detail
in Section 8.7.2, “Configuring Securities/Currencies for On-Line Retrieval of Prices”. Once on-line quotes are enabled, and
Finance::Quote is installed, you can update prices for your
stocks and mutual funds manually by clicking the button.