Invoice calculations

I reported to MS Tier I tech service that there was a bug
in MS Money Sm Business 2004 in the invoicing area.
Specifically, while MsMo allows a number such as $.375 to
be entered for a rate or product price, it immediately
rounds up that number to whole cents then performs the
calculation with the quanity to get the invoice amount.

For example to calculate reimbursible mileage at
$.375/mile x 100 miles, the amount should be $37.50, yet
in MSMo, it will be $38.00.

I was shocked when MSFT Tech Support stated that this was
not a bug but was by design. QUOTE: Actually, I can
reproduce this on my side. When I enter 0.375 as
Price/Rate and enter 100 as Qty/Hours, the result turns
out to be 38.00. Based on my research, this feature is by
design in Money. Bill, I am sorry if this does not meet
your requirements. Currently, I suggest that you work
around this by adjusting the numbers. ENDQUOTE.

I had a big laugh at that. Now if only the IRS would
allow me to round up my expenses that way!

.

via_newsgroup
Tue Feb 10 16:31:01 CST 2004

In microsoft.public.money, Bill wrote:

>I reported to MS Tier I tech service that there was a bug
>in MS Money Sm Business 2004 in the invoicing area.
>Specifically, while MsMo allows a number such as $.375 to
>be entered for a rate or product price, it immediately
>rounds up that number to whole cents then performs the
>calculation with the quanity to get the invoice amount.
>
>For example to calculate reimbursible mileage at
>$.375/mile x 100 miles, the amount should be $37.50, yet
>in MSMo, it will be $38.00.

Perhaps you could work around it by listing mileage rates per
hundred miles and enter a 17 mile trip as 0.17 "hundred miles" or
"miles/100"? As silly as that sounds, it is probably better than
hectomiles.