{"id":8580,"date":"2014-08-30T11:45:29","date_gmt":"2014-08-30T11:45:29","guid":{"rendered":"http:\/\/www.greytrix.com\/blogs\/sageaccpacerp\/?p=8580"},"modified":"2018-09-17T05:09:34","modified_gmt":"2018-09-17T05:09:34","slug":"setup-use-of-decimal-places-in-sage-300-erp","status":"publish","type":"post","link":"https:\/\/www.greytrix.com\/blogs\/sageaccpacerp\/2014\/08\/30\/setup-use-of-decimal-places-in-sage-300-erp\/","title":{"rendered":"SETUP &#038; USE OF DECIMAL PLACES IN SAGE 300 ERP"},"content":{"rendered":"<p style=\"text-align: justify;\">Many industries use an ERP solution to maintain their accounts and inventory. However, at the time of setting up account related information with different currencies, many users are clueless about setting up decimal places for multiple currencies.<\/p>\n<p style=\"text-align: justify;\">While reading this blog post, you will get a clear idea about how decimal places need to be set up and how the set-up will work throughout the application.<\/p>\n<p><em><strong>New Stuff:<\/strong><\/em> <a title=\"How to Resolve Help screen issue on Sage workstation\" href=\"https:\/\/www.greytrix.com\/blogs\/sageaccpacerp\/2014\/08\/30\/how-to-resolve-help-screen-issue-on-sage-workstation\/\" target=\"_blank\" rel=\"noopener\">How to Resolve Help screen issue on Sage workstation<\/a><\/p>\n<p style=\"text-align: justify;\">While setting up currency code, you get a screen as shown below. On the screen, there is decimal place option (shown in red box) for setting up decimal places for a particular currency code.<br \/>\n<a href=\"https:\/\/www.greytrix.com\/blogs\/sageaccpacerp\/wp-content\/uploads\/2014\/08\/Currency-Code.jpg\" target=\"_blank\" rel=\"noopener\"><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter wp-image-8583 size-full\" src=\"https:\/\/www.greytrix.com\/blogs\/sageaccpacerp\/wp-content\/uploads\/2014\/08\/Currency-Code.jpg\" alt=\"Currency Code\" width=\"523\" height=\"260\" \/><\/a><\/p>\n<p style=\"text-align: justify;\">Decimal places play an important role in accounting. At the time of making transaction entries in inventory module, you will get the same number of decimal places throughout SAGE 300 ERP as you have set in the currency code for that particular currency. Kindly refer the below screenshot.<br \/>\n<a href=\"https:\/\/www.greytrix.com\/blogs\/sageaccpacerp\/wp-content\/uploads\/2014\/08\/OE-Invoice-Entry.jpg\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" class=\"aligncenter wp-image-8586 size-full\" src=\"https:\/\/www.greytrix.com\/blogs\/sageaccpacerp\/wp-content\/uploads\/2014\/08\/OE-Invoice-Entry.jpg\" alt=\"OE Invoice Entry\" width=\"537\" height=\"412\" \/><\/a><\/p>\n<p style=\"text-align: justify;\">According to the above screen shot, item \u201cA1-103\/0\u201d has the price list \u201cUSA\u201d. But in that price list, you have set the decimal places till 4 digits after decimal. Even though you have set up different number of decimal places in item pricing or price list code, at the time of transaction, it will take on number of decimals as per the setup in currency code. Kindly refer the below screen shot.<br \/>\n<a href=\"https:\/\/www.greytrix.com\/blogs\/sageaccpacerp\/wp-content\/uploads\/2014\/08\/Price-List-Code.jpg\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" class=\"aligncenter wp-image-8588 size-full\" src=\"https:\/\/www.greytrix.com\/blogs\/sageaccpacerp\/wp-content\/uploads\/2014\/08\/Price-List-Code.jpg\" alt=\"Price List Code\" width=\"535\" height=\"334\" \/><\/a><span style=\"font-size: Medium;\"><strong>About Us<\/strong><\/span><br \/>\n<a href=\"https:\/\/www.greytrix.com\/\">Greytrix<\/a> a globally recognized Premier Sage Gold Development Partner is a one-stop solution provider for Sage ERP and Sage CRM needs. Being recognized and rewarded for multi-man years of experience, we bring complete end-to-end assistance for your technical consultations, product customizations, data migration, system integrations, third party add-on development and implementation expertise.<\/p>\n<p><a href=\"https:\/\/www.greytrix.com\/\">Greytrix<\/a> offers unique GUMU&#x2122; integrated solutions of\u00a0<a href=\"https:\/\/www.greytrix.com\/product\/sage-crm\/gumu-sage-300-erp-integration\">Sage 300 with Sage CRM,<\/a>\u00a0<a href=\"https:\/\/www.greytrix.com\/product\/sage-300-erp\/gumu-300-salesforce-integration\">Salesforce.com\u00a0<\/a>and\u00a0<a href=\"https:\/\/www.greytrix.com\/product\/sage-300-erp\/ecommerce-magento-integration\">Magento eCommerce<\/a> along with Sage 300 Migration from <a href=\"https:\/\/www.greytrix.com\/resources\/sage-erp-crm-migration.pdf\">Sage 50 US, Sage 50 CA, Sage PRO, QuickBooks, Sage Business Vision and Sage Business Works<\/a>. We also offer best-in-class\u00a0<a href=\"https:\/\/www.greytrix.com\/product\/erp-development\/sage-300-erp-development\">Sage 300 customization and development services<\/a>\u00a0and integration service for applications such as <a href=\"https:\/\/www.greytrix.com\/product\/erp-development\/sage-300-integration-services\">POS | WMS | Payroll | Shipping System | Business Intelligence | eCommerce for Sage 300 ERP<\/a> and in Sage 300c development services we offer services such as upgrades of older codes and screens to new web screens, newer integrations using sdata and web services \u00a0to Sage business partners, end users and Sage PSG worldwide. Greytrix offers over 20+ Sage 300 productivity-enhancing utilities that we can help you with such as <a href=\"https:\/\/www.greytrix.com\/product\/sage-300-erp-add-ons\/greymatrix-apparel-solution\">GreyMatrix<\/a>, <a href=\"https:\/\/www.greytrix.com\/product\/sage-300-erp-add-ons\/greytrix-document-attachement\">Document Attachment<\/a>, <a href=\"https:\/\/www.greytrix.com\/product\/sage-300-erp-add-ons\/greytrix-document-numbering\">Document Numbering<\/a>, <a href=\"https:\/\/www.greytrix.com\/product\/sage-300-erp-add-ons\/auto-bank-reconciliation\">Auto-Bank Reconciliation<\/a>, <a href=\"https:\/\/www.greytrix.com\/product\/sage-300-erp-add-ons\/purchase-approval-system\">Purchase Approval System<\/a>, <a href=\"https:\/\/www.greytrix.com\/product\/sage-300-erp-add-ons\/three-way-po-matching\">Three way PO matching<\/a>, <a href=\"https:\/\/www.greytrix.com\/product\/sage-300-erp-add-ons\/bill-of-lading\">Bill of Lading<\/a> and <a href=\"https:\/\/www.greytrix.com\/product\/sage-300-erp-add-ons\/vat-middle-east\">VAT for Middle East<\/a>.<\/p>\n<p>For more details on Sage 300 and 300c Services, please contact us at\u00a0<a href=\"mailto:accpac@greytrix.com\">accpac@greytrix.com<\/a>. We will be glad to assist you.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Many industries use an ERP solution to maintain their accounts and inventory. However, at the time of setting up account related information with different currencies, many users are clueless about setting up decimal places for multiple currencies. While reading this blog post, you will get a clear idea about how decimal places need to be\u2026 <span class=\"read-more\"><a href=\"https:\/\/www.greytrix.com\/blogs\/sageaccpacerp\/2014\/08\/30\/setup-use-of-decimal-places-in-sage-300-erp\/\">Read More &raquo;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[731,732,733,2660,2944],"class_list":["post-8580","post","type-post","status-publish","format-standard","hentry","category-sage-accpac","tag-decimal","tag-decimal-places","tag-decimal-places-in-sage-300-erp","tag-setup-decimal-places","tag-use-of-decimal-places"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>SETUP &amp; USE OF DECIMAL PLACES IN SAGE 300 ERP - Sage 300 ERP \u2013 Tips, Tricks and Components<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.greytrix.com\/blogs\/sageaccpacerp\/2014\/08\/30\/setup-use-of-decimal-places-in-sage-300-erp\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SETUP &amp; USE OF DECIMAL PLACES IN SAGE 300 ERP - Sage 300 ERP \u2013 Tips, Tricks and Components\" \/>\n<meta property=\"og:description\" content=\"Many industries use an ERP solution to maintain their accounts and inventory. However, at the time of setting up account related information with different currencies, many users are clueless about setting up decimal places for multiple currencies. 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