Re: [Emerald] calculating termed-discount values

PowerNet ( (no email) )
Fri, 21 May 1999 16:57:56 -0400

Let's try to make this easy.

The Invoiced item total needs to be $200
Whats a formula that will work. It currently does not.

*********** REPLY SEPARATOR ***********

On 5/21/99, at 1:48 PM, Dale E. Reed Jr. wrote:

>Josh Hillman wrote:
>> 1. If the displayed number is rounded to two decimals, the display=
>> 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=
>> 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. :(
>Dale E. Reed Jr. Emerald and RadiusNT
>IEA Software, Inc.