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Apply Price Rounding Values
Precisely calculate the price of your product using Rounding Values in your pricing procedure to ensure accurate pricing amounts.
Required Editions
| Available in: Lightning Experience |
| Available in: Enterprise, Unlimited, and Developer Editions of Revenue Cloud where Salesforce Pricing is enabled |
Rounding ensures that financial calculations use the correct number of decimal places for the currency, rounding results up or down based on the applied rounding rule. The rounding rules applied are:
- Round Up: This rule rounds the currency value of an item to the nearest higher value. For example, if a pen costs US$1.60, applying this rule adjusts the price to $2.
- Round Down: This rule rounds the currency value of an item to the nearest lower value. For example, if a pen costs $1.60, applying this rule adjusts the price to $1.
- Half Up: This rule rounds the currency value of an item to the nearest number based on its decimal value. For example, if a pen costs $1.45 and you select the Half Up rule, the price adjusts to $1.50. However, if the pen costs $1.20, the price adjusts to $1.00.
For single-currency orgs, the Rounding Values element sets the rounding precision. However, if multicurrency is enabled, the Rounding Values element ignores the Precision input parameter and automatically applies the decimal places defined for each currency in your Manage Currencies settings. See Manage Multiple Currencies.
In addition to setting overall precision, the Rounding Values element also plays a crucial role in determining the final currency outputs from preceding pricing elements, such as Manual Discount and Volume Discount.
- Use the Rounding Values Element
Use the Rounding Values element to ensure that the output of any pricing element in a pricing procedure is rounded to the specified decimal place.
