Aged Debts - Round Commission Up
This is a poll to see how you handle Agent commissions when there is a third decimal in the commission amount.
Given a Premium of 1000.00 and a commission of 200.005 what is the Amount Due from the Agent?
Like this feature to round commission UP and have Amount Due 799.99
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Hi Rob, there are many ways to handle rounding but I prefer "Round away from 0" in the event of a tie.
This would round 200.005 to 200.01 but round -200.005 to -200.01
This differs from "Round up" in that negative numbers are treated differently.
"Round up" would round -200.005 to £200.00.
Options are:
Round up
Round down
Round towards 0
Round away from 0
Round to even
Round to odd
Stochastic rounding - Random
Alternate rounding - Round the first tie up, the next down and so on.
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