You are able to use the Pricing Decimal Precision (set in system settings), the Currency Precision (set for the currency that this money field is related to), or specify the precision yourself for this field by choosing a value between 0 and 4.ĭynamics CRM 4.0 allowed you to use what are called “system currencies”. Simply open up the money field definition in the customization area and select the precision type. Change the Currency Precision value to a number between 0 and 4.įield Level Precision: This allows you to set the precision for a specific money field. Navigate to Settings and click on Business Management.Ĥ. Perform the following steps to set the precision for a currency:ġ.
Select a value from the drop-down list.Ĭurrency Precision: This allows you to set the precision per currency.
On the General tab, locate the section called Set the currency precision that is used for pricing throughout the system.Ĥ. Navigate to Settings and click on Administration.ģ.
Perform the following steps to set the Pricing Decimal Precision.ġ. You are able to select a value between 0 and 4. Pricing Decimal Precision: This allows you to set the currency precision used for pricing throughout the entire system. Dynamics CRM 2011 includes some new features related to currencies and money fields, such as improved decimal precision, greater control over currencies, and negative pricing.ĭecimal precision can now be set at three different levels – Pricing Decimal Precision (system-wide), Currency Precision (at the currency level), or Field Level Precision (at the field level). Some examples include the ability to price in different currencies, as well as handle scenarios in which you need to credit a customer if they decide to return any products that you have sold to them. Currencies and Pricing in Microsoft Dynamics CRM 2011Īs a salesperson, you expect your system to be able to manage any type of pricing scenarios that may occur as you do business with your customers.
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