How to decrease the number of decimal places in Currency Setup

This article provides a solution to an issue where the number of decimal places for a currency cannot be decreased after the currency has been saved.

Symptoms

In Microsoft Dynamics GP or in Microsoft Business Solutions - Great Plains, you increase the number of decimal places in the Currency Setup window from the original setting. Then, you try to reset the number to the original setting.

When you do this, you receive an error message that states that the number of decimal places for a currency cannot be decreased after the currency has been saved.

Cause

This issue occurs because you can only increase the number of decimal places in the Currency Setup window. If you try to decrease the number, you receive the error message that is mentioned in the Symptoms section because of an issue in which reports may be incorrect because of rounding. The error message is to prevent problems on your trial balance.

Resolution

To resolve this issue, follow these steps.

1. If you are using Microsoft SQL Server 2000, click Start, point to Programs, point to Microsoft SQL Server, and then click Query Analyzer.

   If you are using Microsoft SQL Server 2005, click Start, point to Programs, point to Microsoft SQL Server 2005, click SQL Server Management Studio, and then click New Query.

2. Select the DYNAMICS database.

3. Run the following statement to reset the decimal places to two.

   SQLCopy

   UPDATE MC40200 SET DECPLCUR=3 where CURNCYID='Z-US$'

    Note

   In this statement, "Z-US$" is the currency that you selected and then changed in the Currency Setup window.

   Set the "DECPLCUR" value according to the following table.

   Number of decimal places that you want	DECPLCUR value
   0	1
   1	2
   2	3
   3	4
   4	5
   5	6