EstiMate Knowledge Base / FAQ

HomeEstiMate Version 1General FAQWhere are rounding and overidden price coming from?

1.54. Where are rounding and overidden price coming from?

>I cannot seem to find an explaniation for
>rounding and override price. I see an
>adjustment in my hard numbers but I would like to understand where it is coming from?

Rounding comes from two places: one is a reality of math, the other is a convenience. The 'reality of math' is that when figuring a price, say $73.69 for two signs, EstiMate then has to do the following: divide 73.69 by 2, giving 36.845, then round 36.845 to 36.85, then multiply by two for a final price of 73.70, resulting in a 'rounding' of .01. This adds up over multiple quantities and multiple line items, and often this number can seem high. It is in essence a true accounting of where the price is coming from. The convenience is easier to explain: in quantities of one, if you check the rounded box, it rounds to the nearest $1 (upward) and puts the difference in the rounding / overridden adjustment.
Overriding means, in our example above, if you plug in 37.00 each then EstiMate will do the following: 37-36.845=.155 x 2 = .31 in the Rounding / Overridden adjustment.

This page was: Helpful | Not Helpful