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Change on Currency Decimal Precision

  • 13 December 2022
  • 2 replies
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kristianharianja
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I understand that it’s suggested to not changing the decimal precision of a currency once transaction created and released. But, I just like to know what the problem exactly is. 

There are indeed transactions have been made on the currency (this is not base currency setup in the system) but most of them are having two decimal places on the amount, only one AR invoice has 3 dps. If this invoice is reversed and the decimal precision is changed from 4 to 2. What might be the impact?

 

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Best answer by Laura02 13 December 2022, 10:57

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Kristian Harianja

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Laura02
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Hello @kristianharianja 

I suggest copying your tenant, changing the decimals on the currency, and then entering test transactions of every kind in the test tenant so you can understand the impact on your exact situation, your exact data. 

After the one AR invoice with 3 decimals is reversed, you will have 2 documents with too many digits instead of one. Perhaps if these documents are not printed or opened on the screen, your system will function without error.

Laura ~ Klear Systems, Inc. Irvine, CA. ~ Please remember to "Mark Best Answer" to help those who are facing the same problem.~
Kandy Beatty
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Userlevel 7
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Hi @kristianharianja 

As @laura01  stated, you should test it in a sandbox or test tenant first. 

With regards to functionality, it’s going to change the rounding of the document and that may impact customer payments. Payments could come in over or under and that requires extra work then to write off those balances, no matter how small. I have seen this become an issue before so therefore testing is the best route to take. 

 

Kandy ~ If a member helped you, please *Like* their post, and if a member provided an answer to your question, please mark it as *Best Answer*.

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