Hi!

I don't like currency data type because a lot of troubles related to conversion, rounding, data representation etc etc - things required to think. With numeric type there are less thing required to think about.

>Does anyone have any recommendation on whether it is better to use the currency data type, or stick with a numeric (9,2).
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>The reasons against using currency is that when you mulitply a currency value with a very small number, such as 0.000493 (like a daily interest rate) you get a rounding error that is large enought to throw off calculations.
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>It seems to me that useing a numeric with two decimals would make formatting an easy issue, and Fox automatically rounds a numeric when inserting into such a numeric field, so that if you do calculation such as the above and come up with 1.2359 as the amount, it gets rounded to 1.24 automagically.
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>If anyone has any advice on the subject, I would appreicate it. This is for an accounting type application that needs to be as accurate as possible.
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>Greg