What is 'rounding rule' in SAP SRD-CRM - CRM-Customer Relationship Management?

rounding rule - Overview

• Component: SRD-CRM

• Component Name: CRM-Customer Relationship Management

• Description: A procedure applied to modify a number by changing insignificant numbers. For example, if you apply the rounding rule, known as to two decimal places, 2.533 becomes 2.53.

rounding rule - Details

• 
  Key Concepts: 
  Rounding rule in SAP Customer Relationship Management (CRM) is a feature that allows users to round off numerical values to the nearest whole number or decimal. This is useful for calculations that involve large numbers, as it helps to simplify the process and make it easier to understand. 
  
  How to use it: 
  In order to use the rounding rule in SAP CRM, users must first select the field they wish to round off. Then, they must select the type of rounding they wish to use (e.g. nearest whole number or decimal). Finally, they must enter the desired value for the rounding rule. 
  
  Tips & Tricks: 
  When using the rounding rule in SAP CRM, it is important to remember that the value entered should be a multiple of the desired rounding value. For example, if you want to round off a number to the nearest whole number, you should enter a value that is a multiple of 1 (e.g. 2, 4, 6, etc.). 
  
  Related Information: 
  The rounding rule in SAP CRM can be used in conjunction with other features such as currency conversion and unit conversion. Additionally, it can be used in combination with other calculations such as addition and subtraction.