Understanding Price Rounding Rules

Use rounding methods to create rounding rules that enable you to calculate a final base price. Sales price uses three types of rounding rules:

• Mathematical rounding.

• Price point rounding.

• A combination of mathematical rounding and price point rounding.

  For this method, the system uses mathematical rounding first, followed by price point rounding.

Use the Rounding Rules program (PCW19) to create rounding rules based on mathematical rounding methods, price point rounding methods, or a combination of the two. The system stores rounding rules in the Rounding Rules table (FCW36).

This diagram shows the relationship of rounding methods and rounding rules: