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Serious Error with Currency Data Type
Message
From
18/01/1999 21:22:16
 
 
To
18/01/1999 19:37:16
Calvin Smith
Wayne Reaves Computer Systems
Macon, Georgia, United States
General information
Forum:
Visual FoxPro
Category:
Other
Miscellaneous
Thread ID:
00177250
Message ID:
00177439
Views:
52
>The manual does say 'Use the Currency data type instead of Numeric for monetary values. If you specify more than four decimal places in a currency expression, Visual FoxPro rounds to four places before evaluating the expression...'. However, this is a serious thing and I for one do not believe that this explanation is in any way sufficient to explain the effect of following the [very clear] recommendation to use currency rather than numeric values at the beginning of the above quote. I can see now that I was foolish, but that does not make me any less pi...ed off. I now have to go back and change approximately 1000 fields in my database to numeric values and who knows what trouble that is going to cause. I have discovered some other little goodies - gomonth will not accept a number that is of type currency.
>
>I have now RTFM and my question now becomes- Of what use is the currency type if you can't do any d..m thing with it.

I agree with your sentiment. I mean one of the common, and critical things with money is the interest you're going to get. Over here you get about 0.1 % on your bank savings, if you're silly enough to use the banks. Now, if you've got $50000 in the bank and get 0.115% interest then you cant go '? MyBalance * 0.00115' can you?, if MyBalance is a currency field. Yech!
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