x Want to participate? Join the group to interact
  • State Verified Answer
  • Replies 1 reply
  • Subscribers 31 subscribers
  • Views 49 views
  • Users 0 members are here
Browse Forums
Announcements
891
topics
177
replies
General Discussion
2k
topics
5k
replies
Pieter68

MOC deduction calculation round decimal to 4 but actually need 5.

SOLVED
Posted By

Hi

We have a MOC setup to calculate a deduction that is 1.231% on the annual basic salary.

When entering the value in the MOC as 0.01231 VIP round it back to 0.0123 which gives a wrong deduction value.

How I do the calculation to get the correct value?

  • 0
    verified answer

    Hello 

    The Methods of calculation fields only allow up to 2 decimals in financial calculation fields.

    Your calculation should be done with 1.231%, which converts to 0.01231

    The solution would be to multiply your percentage with a 1000, so that the calculation is done with a value of 12.32. Once you have applied the calculation, divide the calculated amount by a 1000 again, which will provide you with the decimal value as expected.

    Please let us know if this solution resolved your query by verifying this port.

*Community Hub is the new name for Sage City