Gross amount does not equal price * shares.

This soft warning indicates that the gross amount for a transaction does not equal the product of the number of shares multiplied by the price. Although this warning occurs before posting, it will not prevent a transaction from posting.

You can input a value in any of the affected fields in the blotter. To change the value, do the following:

Note: The instructions below direct you as to how to correct the value in the Blotter window. You could instead delete the value in the incorrect field, then click the Save icon; the missing value will automatically be calculated and populated. As a further alternative, you could post the transaction to your practice, then edit the transaction in the account.

1. Click in the affected field. You might need to update the following fields:

   • Net Amount

   • Gross Amount

   • Number of Shares

   • Commission Amount, or

   • Other Fee

2. Type in the correct value.

3. Click the Save icon.

4. When the confirmation message appears, click OK.

5. Verify that the warning message disappears. If not, another field from step 1 is causing the issue. Repeat steps 1-4.

See Also

Handling Warnings in the Import Blotter