# Re: [Emerald] calculating termed-discount values

Josh Hillman ( (no email) )
Fri, 21 May 1999 17:00:35 -0400

-----Original Message-----
From: Dale E. Reed Jr. <daler@iea-software.com>
To: emerald@iea-software.com <emerald@iea-software.com>
Date: Friday, May 21, 1999 4:49 PM
Subject: Re: [Emerald] calculating termed-discount values

>Josh Hillman wrote:
>>
>> 1. If the displayed number is rounded to two decimals, the display would
>> show 15.55%
>> This means that the total is going to be slightly less than what the
>> displayed discount would indicate (if the customer were to calculate it
>> out). This could be a problem because the customer might think they're
>> getting cheated out of a penny or two.
>> 2. If the displayed number is displaying the first two decimals (not
>> rounding), then the display would should 15.54%. This means that if the
>> customer were to actually calculate it out, their total would come up
>> slightly higher than what they're being charged for and that'd make them
>> happy because they're thinking they're being charged a hair less than
what
>> they should be.
>
>But from an accounting point of view, they are both WRONG.
>Thats the point I am trying to make. If the numbers don't add up
>exactly, its wrong. There isn't any grey area here. :(

Remember though, we're not talking about the ACTUAL values. We're talking
about the DISPLAYed discount percentages (not totals, not the base cost) as
they appear on the printed invoice. If the displayed percent is showing a
number a hair lower than what the system is actually using for calculating
everything (e.g. display: 15.54; real: 15.5454545), then there are no
problems--the customer simply thinks he's getting a better discount than
what the percentage shows. It's a perception thing at that point. This
isn't related to accounting in any way because the total is correct and is
being calculated correctly based on a non-confined rate.

Josh