>>Why does the Currency field type carry 4 decimals, and if it is used in a form textbox or report control, how should it be formatted so it only displays 2 decimals?
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>>Seems like a bother to me. Why not just use N(10,2)?
>
>I think it only displays 2 decimals anyway. Also nothing prevents you from using NUMERIC for monetary values.
>
>You can also look at SET DECIMALS command.

That's what I've been doing. If the fieldtype is Currency it shows 4 decimals in the textbox and any report fields. Then you have to deal with special formatting parameters to show only 2 decimals.