Rate Decimal
Last updated
Last updated
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In this tutorial, we’ll guide you through the steps to customize the number of decimal places for item rates in packs and units within Logic ERP. This setting allows for greater precision when entering rates in sales transactions.
By default:
Pack/strip rates are limited to 2 decimal places.
Unit rates also default to 2 decimal places.
However, this might not be sufficient for businesses that deal with high-precision pricing (e.g., pharmaceuticals, electronics, or items sold in fractional quantities).
Navigate to the Sale Voucher Configuration.
Select the desired Series from the dropdown list.
Navigate to the Other Settings – 3 tab.
Locate the option: "Rate Decimal"
From the dropdown, select either:
Default
Packs=4. Units=7
Switch from “Default” to “4 Decimal (Packs) / 7 Decimal (Units)”.
Click Save to apply the changes.
Let’s validate the new settings with a quick test:
For Packs:
Choose a conversion factor such as strip.
Enter a rate like 125.4567.
The system now accepts up to 4 decimal places for the pack rate.
For Units:
Enter a rate such as 5.1234567.
You’ll see the system allows up to 7 decimal places for unit-level precision.
By enabling this feature, you can:
Maintain high precision in pricing.
Avoid rounding issues in bulk or sensitive item billing.
Ensure accurate records for compliance and audits.
