This option is used for Business reports where the customer wants to see each usage item recorded to four decimal places. It only affects usage amounts; recurring and non-recurring charges, taxes, finance charges, and other charges, will be rounded using the conventional method. The system truncates the computed charge to four decimal places for storage in your database.
Note
Avoid using this option for Residential reports.
See also:
Considerations for Residential Reports
Because Residential reports always display only 2 decimal places, the truncating of these numbers may cause the individual 2-digit usage numbers in Residential reports to appear incorrectly. The values displayed for individual calls may not add up to the actual correct usage total (calculated by CostGuard) unless you choose Conventional or Up as a Rounding Option for Residential reports.
Examples:
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$1.0338854 computed charge will be stored as $1.0338 and displayed as $1.03
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$1.034457 computed charge will be stored as $1.0344 and displayed as $1.03
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$1.035233 computed charge will be stored as $1.0352 and displayed as $1.03
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$1.038156 computed charge will be stored as $1.0381 and displayed as $1.03
Considerations for Business Reports
Business reports, which display 4 decimal places when the None rounding option is chosen, are not affected by this.