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product price rounding calcuation
Question

Hi,
Any someone can explain the rounding option and amount with samples?
Thanks in avance,
Young
Thursday, August 5, 2010 4:03 PM
Answers

I didn't know either (so I don't have examples), but now is as good a time as any to learn.
Google books excerpt from CRM 4 for Dummies seems pretty selfexplanatory:
Tis basically a mechanism to implement a policy for the rounding of price calculations when the pricing method is based on percentages.
pogo (pat) Marked as answer by Donna EdwardsMVP Thursday, August 12, 2010 8:25 PM
Sunday, August 8, 2010 11:00 PM 
I'll give it a shot.
Rounding Policy
Specifies in which direction to round; all options are with respect to the options selected in 'Rounding Option' and 'Rounding Amount'
None  NO rounding
Up  always round up
Down  always round down
To Nearest  round to the nearest matching numberRounding Amount
A numerical value that gives the rounding policy a numeric target for fractional currency values.
Rounding Option
Ends In
Eg.
If 'Rounding Amount' is .00 and 'Rounding Policy' is Down:
3.56 > 3.00
4.23 > 3.00If 'Rounding Amount' is .99 and 'Rounding Policy' is to Nearest:
2.88 > 2.99
3.02 > 2.99Multiple Of
Eg.
If 'Rounding Amount' is .25 and 'Rounding Policy' is Up:
3.65 > 3.75
2.87 > 3.00Hopefully I've made some sense, because I need more coffee.
pogo (pat) Marked as answer by Donna EdwardsMVP Thursday, August 12, 2010 8:25 PM
Tuesday, August 10, 2010 10:21 PM
All replies

I didn't know either (so I don't have examples), but now is as good a time as any to learn.
Google books excerpt from CRM 4 for Dummies seems pretty selfexplanatory:
Tis basically a mechanism to implement a policy for the rounding of price calculations when the pricing method is based on percentages.
pogo (pat) Marked as answer by Donna EdwardsMVP Thursday, August 12, 2010 8:25 PM
Sunday, August 8, 2010 11:00 PM 
Thanks for your help.
Unfortunately, I looked at it already but the explanation was not clear either. When I tested the rounding option through CRM, I don't know have the clear formula. Any idea?
Young
Tuesday, August 10, 2010 8:05 PM 
I'll give it a shot.
Rounding Policy
Specifies in which direction to round; all options are with respect to the options selected in 'Rounding Option' and 'Rounding Amount'
None  NO rounding
Up  always round up
Down  always round down
To Nearest  round to the nearest matching numberRounding Amount
A numerical value that gives the rounding policy a numeric target for fractional currency values.
Rounding Option
Ends In
Eg.
If 'Rounding Amount' is .00 and 'Rounding Policy' is Down:
3.56 > 3.00
4.23 > 3.00If 'Rounding Amount' is .99 and 'Rounding Policy' is to Nearest:
2.88 > 2.99
3.02 > 2.99Multiple Of
Eg.
If 'Rounding Amount' is .25 and 'Rounding Policy' is Up:
3.65 > 3.75
2.87 > 3.00Hopefully I've made some sense, because I need more coffee.
pogo (pat) Marked as answer by Donna EdwardsMVP Thursday, August 12, 2010 8:25 PM
Tuesday, August 10, 2010 10:21 PM 
Pogo,
I really appreciate your answer and review it.
Thanks again,
Young
Thursday, August 12, 2010 8:33 PM