How Price Precision Works in Purchasing

Precision refers to the number of digits placed after the decimal point. The maximum number of decimal places allowed for price on the UI is 10. If you provide more than 10 decimals, the application will round it off to 10 decimals.

Scenario

Currency: USD

Precision: 2

Extended Precision: 5

Quantity: 2

Let's see how different price entries will be displayed on a purchase order on the UI.

Price You Entered

How Price Is Displayed on the PO*

Quantity

Ordered Amount**

$10

$10.00

2

$20.00

$10.2

$10.20

2

$20.40

$10.0123456789

$10.0123456789

2

$20.02

$10.01234567896

$10.0123456790

2

$20.02

$10.01234567894

$10.0123456789

2

$20.02

*The minimum number of decimals displayed for price on the UI is based on currency precision. The maximum number of decimal places allowed for price on the UI is 10. The currency extended precision doesn't affect how price is displayed on the UI.

**The number of decimals displayed for ordered amount is based on currency precision.