Aged Debts - Round Commission Up

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Rob Symonds

23 October 2014 09:13

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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  Rob Symonds 23 October 2014 09:14

  To round DOWN see:
  http://support.admnetwork.com/entries/102126953-Aged-Debts-Round-Commission-Down

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  Mark Williams 23 October 2014 09:45

  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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  Adam Bishop 23 October 2014 09:56

  It would seem to me that round away from zero should be the universal standard throughout all features everywhere.  Does anyone disagree?

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  Mark Williams 23 October 2014 09:59

  Where do we vote on Round away from 0? :)

   

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  Rob Symonds 23 October 2014 10:24

  Heh, thanks Mark, I meant away from zero - I'll put a comment on the other one to clarify

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  Rob Symonds 23 October 2014 10:25

  @Adam, yes, someone does disagree which is the reason for this poll :)

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