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

• 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 self-explanatory:

Tis basically a mechanism to implement a policy for the rounding of price calculations when the pricing method is based on percentages.

--pogo (pat)
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 number

Rounding 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 -> 3.00

If 'Rounding Amount' is .99 and 'Rounding Policy' is to Nearest:

2.88 -> 2.99
3.02 -> 2.99

Multiple Of

Eg.

If 'Rounding Amount' is .25 and 'Rounding Policy' is Up:

3.65 -> 3.75
2.87 -> 3.00

Hopefully I've made some sense, because I need more coffee.

--pogo (pat)
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 self-explanatory:

Tis basically a mechanism to implement a policy for the rounding of price calculations when the pricing method is based on percentages.

--pogo (pat)
Sunday, August 8, 2010 11:00 PM

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 number

Rounding 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 -> 3.00

If 'Rounding Amount' is .99 and 'Rounding Policy' is to Nearest:

2.88 -> 2.99
3.02 -> 2.99

Multiple Of

Eg.

If 'Rounding Amount' is .25 and 'Rounding Policy' is Up:

3.65 -> 3.75
2.87 -> 3.00

Hopefully I've made some sense, because I need more coffee.

--pogo (pat)
Tuesday, August 10, 2010 10:21 PM
• Pogo,