Introduction
The Order Line Round Price setting in ProdSys allows you to control how prices are rounded on individual order lines within the system. This setting helps ensure that prices are consistent, making it easier to manage totals and avoid discrepancies in financial reports. This article will explain how to configure and use the "Order Line Round Price" feature in ProdSys to best fit your business needs.
Purpose of Order Line Round Price Setting
The primary purpose of the Order Line Round Price setting is to define how the system rounds prices on individual items in an order when calculating the unit price on order lines.
How to Access the Order Line Round Price Setting
Login: Start by logging into your ProdSys account with your credentials.
Navigate to Settings: From the main menu, go to
System > Settings > Order Line Round Price.
This will take you to the section where you can configure how prices are rounded on individual order lines.
Link to system settings
Key Features of the Order Line Round Price Setting
Number of decimals: You can choose the number of decimal precision for rounding prices, such as rounding to the nearest whole number or keeping two decimal places (e.g., $10.99).
Best Practices for Using the Order Line Round Price Feature
Consistent Rounding: Ensure that the rounding rules you apply are consistent with your business practices, especially if you deal with international transactions where different rounding practices might be needed.
Avoid Over-Rounding: Be cautious about rounding too much, especially when dealing with high-value items or large quantities, as this can lead to financial discrepancies.
Review Financial Reports: Regularly review financial reports to ensure that rounding rules are being applied correctly and that they do not introduce unexpected discrepancies.
Conclusion
The Order Line Round Price setting in ProdSys is an important feature for maintaining consistency and accuracy in pricing across order lines. By configuring the rounding rules to fit your business model, you can ensure smooth pricing calculations and avoid discrepancies in financial reporting. Make sure to periodically review your settings to ensure they remain aligned with your operational needs.