Number of decimals

Sets how many decimal places amounts in this currency are rounded to: 0, 1 or 2. Usually 0 for the Hungarian forint and 2 (cents) for the euro and the US dollar.

The number of decimals matters in several places:

• when invoice amounts (e.g. net and VAT) are rounded and displayed,
• when deciding whether an invoice is fully paid – a remainder below the last decimal place no longer counts as outstanding,
• in bank matching: if you set no tolerance, a difference of one smallest unit (1 forint, or 1 cent for the euro) still counts as a match.

It does not change what the bank books: if, for example, a forint account is debited a fractional amount because of a currency conversion, the bank statement import records exactly that amount.