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More than 8 decimals in entity attributes

Backend
New


Scientific and Accounting systems often use percentages and ratios that need more decimal places to reduce errors in differences when they are applied to other numbers.


For example, with 1 decimal, splitting $100 into thirds results in a loss of $10.

1/3 = .3, .3*100 = 30, 30*3 = 90. Off by 10.

with 2 decimals

1/3 = .33, .33*100 = 33, 33 * 3 = 99. Off by 1.


As you can see from the math above, increasing decimals places we can use will let us do math more accurately.

Created on 9 Nov 2018
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Changed the category to Backend


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