diff --git a/erpnext/accounts/doctype/share_transfer/share_transfer.py b/erpnext/accounts/doctype/share_transfer/share_transfer.py
index 0bf5629e61f..46db8da0709 100644
--- a/erpnext/accounts/doctype/share_transfer/share_transfer.py
+++ b/erpnext/accounts/doctype/share_transfer/share_transfer.py
@@ -7,7 +7,7 @@ from frappe import _
 from frappe.exceptions import ValidationError
 from frappe.model.document import Document
 from frappe.model.naming import make_autoname
-from frappe.utils import nowdate
+from frappe.utils import flt, nowdate
 
 
 class ShareDontExists(ValidationError):
@@ -200,12 +200,12 @@ class ShareTransfer(Document):
 			frappe.throw(_("The seller and the buyer cannot be the same"))
 		if self.no_of_shares != self.to_no - self.from_no + 1:
 			frappe.throw(_("The number of shares and the share numbers are inconsistent"))
-		if not self.amount:
-			self.amount = self.rate * self.no_of_shares
-		if self.amount != self.rate * self.no_of_shares:
+		amount = flt(self.rate * self.no_of_shares, self.precision("amount"))
+		if self.amount and flt(self.amount, self.precision("amount")) != amount:
 			frappe.throw(
 				_("There are inconsistencies between the rate, no of shares and the amount calculated")
 			)
+		self.amount = amount
 
 	def share_exists(self, shareholder):
 		doc = self.get_shareholder_doc(shareholder)
diff --git a/erpnext/accounts/doctype/share_transfer/test_share_transfer.py b/erpnext/accounts/doctype/share_transfer/test_share_transfer.py
index 942a57e6ef4..f9205b2fd48 100644
--- a/erpnext/accounts/doctype/share_transfer/test_share_transfer.py
+++ b/erpnext/accounts/doctype/share_transfer/test_share_transfer.py
@@ -85,6 +85,38 @@ class TestShareTransfer(ERPNextTestSuite):
 			st = frappe.get_doc(d)
 			st.submit()
 
+	def test_fractional_rate_submission_after_reload(self):
+		for rate, amount in ((10.1, 30.3), (0.1, 0.3), (10.25, 30.75)):
+			with self.subTest(rate=rate):
+				doc = frappe.get_doc(
+					{
+						"doctype": "Share Transfer",
+						"transfer_type": "Issue",
+						"date": "2018-01-06",
+						"to_shareholder": "SH-00001",
+						"share_type": "Equity",
+						"from_no": 501,
+						"to_no": 503,
+						"no_of_shares": 3,
+						"rate": rate,
+						"amount": rate * 3,
+						"company": "_Test Company",
+						"asset_account": "Cash - _TC",
+						"equity_or_liability_account": "Creditors - _TC",
+					}
+				).insert()
+				self.assertEqual(doc.amount, amount)
+				doc.reload()
+				self.assertEqual(doc.amount, amount)
+				doc.save()
+				doc.reload()
+				doc.submit()
+				doc.reload()
+				self.assertEqual(doc.docstatus, 1)
+				self.assertEqual(doc.amount, amount)
+				doc.cancel()
+				self.assertEqual(doc.docstatus, 2)
+
 	def test_shareholders_stay_protected_after_buyback(self):
 		from frappe.client import set_value