Is it possible to set Valuation Rate to 0.001 or less


Is it possible to set Valuation Rate to 0.001 or less?

Hi @zhu_ziqiang,

Yes, it is possible to set the Valuation Rate to 0.001 or even less. However, to achieve this, you may need to adjust the precision accordingly.

but

you can technically set the valuation rate to 0.001 or less, but doing so may not be advisable for practical and accuracy reasons. The valuation rate represents the cost or value of an item in your inventory, and setting it too low could lead to misleading financial reporting and inventory valuation. While the system may not restrict you from entering such values, it’s essential to consider whether it accurately reflects the true cost of the item and aligns with accounting standards. Additionally, handling very low valuation rates might pose challenges in terms of system calculations and database precision, potentially leading to errors or inconsistencies in your data. Therefore, it’s crucial to carefully evaluate the implications before setting a valuation rate at such a low value.

I hope this helps.

Thank You!

@NCP when I set Valuation Rate to 0.001 and save the item, system will automatically change it to 0.00. Any solution?

becuase precision.

Already I said in post.

@NCP Thank you sir. I finally make it. It looks like that after ajusting the precision you need fresh the cache.