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3 digits after decimal point

Dear all,

As the price for one of the commodities for a buyer has been now settled in 3 digits after the decimal point, we need to create an option for entering 3 digits after the decimal point in the commercial invoice.

I understand that I cant just go and change the settings in the transaction OY04.

Is there any other way we achieve this.

Please Guide me..

Regards..!

Andy

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3 Answers

  • Best Answer
    Posted on Sep 24, 2014 at 11:00 AM

    Instead of going for changing the decimals in configuration which is not at all recommended, it is better you maintain the condition record per 10 instead of one. This means, let us assume, your price for a material is $ 10.123 and if you maintain condition record $ 101.23 per 10, system will calculate the net value exactly.

    G. Lakshmipathi

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  • Posted on Sep 24, 2014 at 05:58 AM

    Hi,

    Please check with your FI consultant changing the Decimals in OY04 has the serious impact on the Production server

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  • Posted on Sep 25, 2014 at 04:18 AM

    Hi Lucas,

    The functionality of enabling 3 decimal points is governed more by the currency than by customer requirement.

    There are certain currencies like Oman RIAL (OMR), Bahrain Dinar (BHD), Jordanian Dinar (JOD) which have high value for money and hence they are maintained using 3 decimal places.

    In case of OMR, 1000 Dinars(I hope so) equals 1 RIAL. Hence they have to maintain RIALs in 3 decimals. So the functionality of 3 decimal points is decided by the conversion rate between the lowest denomination of that currency with the base unit of the currency in circulation.

    So in your case, you really have to understand what is the lowest denomination in use of a currency. For example in EU, the lowest is 1cent and 100 cents is 1 Euro. Hence here it doesnt make any sense to have euros in 3 decimals, becos nobody is able to give 0.1 cents to anybody.

    Hope you get the point.

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