Changing to 2 decimal pricing

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Bev Edwards
Veteran Member
Posts: 366
Veteran Member

    We are moving from a 4 decimal pricing format to a 2 decimal format for all of our LUM pricing with Owens & Minor.

    I have changed all the pricing using the file they sent me, however, I noticed that the price is correct now, but still showing 4 decimals.

    Is that something hard coded in PO25.6?

     

    Bev

    David Williams
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    Posts: 1127
    Veteran Member
      You have to update IC11 for each item.
      David Williams
      Bev Edwards
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      Posts: 366
      Veteran Member
        What would I need to update in IC11? I just wanted to update the pricing we already had in PO25.6. These are established LUM items but had a 4 decimal price. I wanted to change to a 2 decimal price. The price did change but the 4 decimal place holder remained.
        David Williams
        Veteran Member
        Posts: 1127
        Veteran Member
          4 decimals will display regardless of the cost (with the item on IC11 set to 4 decimals). The last 2 decimals should be 00.
          David Williams
          David Williams
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          Posts: 1127
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            If an item changed to $1.25 it will display as 1.2500
            David Williams
            Bev Edwards
            Veteran Member
            Posts: 366
            Veteran Member
              Thanks David!
              AndreaS4
              Basic Member
              Posts: 7
              Basic Member
                Bev, did you have any issues when you went from 4 to 2 decimal places? We want to go from 3 to 2 decimal places, but I want to make sure it will not cause an issue elsewhere.
                Stacey
                New Member
                Posts: 1
                New Member
                  Hi Bev,
                  I have the same question, we are currently looking to standardization going from 4 decimal to 2. Did it have any impact to Accounts Payable?
                  LauraPat
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                  Posts: 50
                  Veteran Member
                    I would be curious as well. Our Materials Management group is going to be using a new tool which will require everything to be 2 decimals from the PO through to the invoice. We have invoice files that come in from both GHX and another outside vendor. I believe we will need to have them change the format of the file once the MM users go in and change the # of decimals in IC11. We were going to just do some testing to see what happens (in our test system) because I couldn't get a real straight answer from the vendor that is requiring this change or from Lawson.
                    Erik G.
                    Basic Member
                    Posts: 14
                    Basic Member
                      Stacey,

                      I could be wrong (AP is not my strong suit in Lawson) but if your accounting team uses match rule groups, you will probably need to look at the tolerances that are set up to make sure they don't go out to 4 decimals.
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