Overview
Decimals used when Classter rounds reduction amounts/Dekadika_Stroggilopoiisis_Meiosis is a setting located in Financial Settings > General Settings > Reductions, Discounts & Loans, under the Automatic tuition fee reduction sub-group. It defines the number of decimal digits Classter uses when rounding reduction (discount) amounts.
What This Setting Does
This setting lets an administrator specify how many decimal places Classter should keep when it rounds the amount of a fee reduction. It is used together with Classter’s automatic rounding logic to make sure that after a reduction is applied, the resulting price looks clean (for example, a whole number) rather than having many decimal digits.
Where It Is Used
This setting is configured on the settings screen below, and its effect is applied automatically wherever Classter rounds a reduction amount for a _Student_ arrangement.
- Main Menu > Configuration > Main Settings > Financial Settings > General Settings > Reductions, Discounts and Loans tab > Automatic tuition fee reduction section – this is where the number of decimal places is set.
- Main Menu > Financial > Arrangements List > open a _Student_ arrangement > Discounts/Loans/Interests section – the rounded reduction amounts calculated using this setting are reflected in the discount figures shown here.
Business Logic / Behavior
- This is a numeric (text) field where the administrator enters a single digit value; the default value is 2.
- This value controls the number of decimal digits used when rounding reduction amounts, allowing the final reduced price to come out as a clean number, such as an integer.
- A higher number of decimals results in more precise (less rounded) reduction amounts, while a lower number, such as 0, results in reduction amounts rounded to whole numbers.
- This setting works alongside the reduction rounding type setting, which determines the rounding method, while this setting determines the precision of that rounding.
Example(s)
A calculated tuition fee reduction for _Student_ Alex D. comes out to $45.678 before rounding. Alpha Institute sets this value to 0, so all automatic tuition fee reductions are rounded to whole currency units: Classter rounds the $45.678 reduction down to $46 before applying it, instead of leaving it as $45.678 or rounding it to some other number of decimals. If Alpha Institute instead set this value to 2, the same $45.678 reduction would be rounded to $45.68, keeping two decimal places rather than rounding to a whole number.
When to Use
Set this value based on your institution’s currency and invoicing conventions. Use a higher number of decimals (such as 2) if your currency commonly uses cents or similar subunits and you want precise reduction amounts. Use a lower number (such as 0) if your institution prefers reduction amounts, and therefore final prices, to always be whole numbers.
Notes
Prerequisites: this setting works together with the reduction rounding type and rounding scenario settings in the Automatic tuition fee reduction sub-group; it only affects institutions that use automatic fee reduction calculations.
- Related settings: Default Reductions Rounding At (Poso_Stroggilopoiisis_Timis_Meiosis in Financial Settings > General Settings > Reductions, Discounts & Loans > Automatic tuition fee reduction)
- Related settings: Reduction Rounding (Stroggilopoiisi_Timis_Meiosis in Financial Settings > General Settings > Reductions, Discounts & Loans > Automatic tuition fee reduction)
- Related settings: Use Special Scenarios for Reduction Price Calculation (Xrisi_Eidikon_Senarion_Meiosis in Financial Settings > General Settings > Reductions, Discounts & Loans > Automatic tuition fee reduction)
This setting behaves the same regardless of whether Higher Education Mode (Enable Configuration for Higher Education/Xrisi_parametropoihshs_kolegiou) is enabled or disabled.
