Defining Rounding Rule Elements

To define rounding rule elements, use the Rounding Rules (GP_ROUNDING) component.

Page Name

Definition Name

Usage

Rounding Name Page

GP_PIN

Name the element and define its basic parameters.

Definition Page

GP_ROUND_RULE

Define how numeric values are rounded.

When performing calculations that resolve to a numeric value, the value may need rounding. The rounded value is what gets stored or used in further calculations. Rounding is a tool that enables you to systematically change values according to predefined rules.

Once you've defined your rounding rule elements, you can apply them to other elements throughout the system to determine how rounding will occur.

Note: Many rounding rules apply to specific features of the system. They are explained in the section of this documentation that discusses those features. The text here describes only the generic functionality of the rounding rules element.

Examples of Size Rounding

This table provides examples of how the rounding rules work if you select Rounding on the Rounding - Definition page:

Size

Option

Amount Before Rounding

Rounded Value

2 Decimal Places

Truncate/Down

123.454999

123.450000

 

Truncate/Down

123.455000

123.450000

 

Truncate/Down

123.450001

123.450000

 

Truncate/Down

123.450000

123.450000

 

Up

123.454999

123.460000

 

Up

123.455000

123.460000

 

Up

123.450001

123.460000

 

Up

123.450000

123.450000

 

Round Up If >= 4 Else Down

123.454999

123.460000

 

Round Up If >= 4 Else Down

123.455000

123.460000

 

Round Up If >= 4 Else Down

123.450001

123.450000

 

Round Up If >= 4 Else Down

123.450000

123.450000

0 Decimal Places

Truncate/Down

123.499999

123.000000

 

Truncate/Down

123.500000

123.000000

 

Truncate/Down

123.000001

123.000000

 

Truncate/Down

123.000000

123.000000

 

Up

123.499999

124.000000

 

Up

123.500000

124.000000

 

Up

123.000001

124.000000

 

Up

123.000000

123.000000

 

Round Up If >= 4 Else Down

123.499999

124.000000

 

Round Up If >= 4 Else Down

123.500000

124.000000

 

Round Up If >= 4 Else Down

123.000001

123.000000

 

Round Up If >= 4 Else Down

123.000000

123.000000

1 Digit - 10's

Truncate/Down

124.999999

120.000000

 

Truncate/Down

125.000000

120.000000

 

Truncate/Down

120.000001

120.000000

 

Truncate/Down

120.000000

120.000000

 

Up

124.999999

130.000000

 

Up

125.000000

130.000000

 

Up

120.000001

130.000000

 

Up

120.000000

120.000000

 

Round Up If >= 4 Else Down

124.999999

130.000000

 

Round Up If >= 4 Else Down

125.000000

130.000000

 

Round Up If >= 4 Else Down

120.000001

120.000000

 

Round Up If >= 4 Else Down

120.000000

120.000000

Examples of Incremental Rounding

This table provides examples of how the rounding rules work if you select the Increment on the Rounding - Definition page:

Increment

Option

Amount Before Rounding

Rounded Value

25

Truncate/Down

137.499999

125.000000

 

Truncate/Down

137.500000

125.000000

 

Truncate/Down

150.000001

150.000000

 

Truncate/Down

150.000000

150.000000

 

Up

137.499999

150.000000

 

Up

137.500000

150.000000

 

Up

150.000001

175.000000

 

Up

150.000000

150.000000

 

Round Up If >= 12.4 Else Down

137.499999

150.000000

 

Round Up If >= 12.4 Else Down

137.500000

150.000000

 

Round Up If >= 12.4 Else Down

150.000001

150.000000

 

Round Up If >= 12.4n Else Down

150.000000

150.000000

2.5

Truncate/Down

137.499999

135.000000

 

Truncate/Down

137.500000

137.500000

 

Truncate/Down

150.000001

150.000000

 

Truncate/Down

150.000000

150.000000

 

Up

137.499999

137.500000

 

Up

137.500000

137.500000

 

Up

150.000001

152.500000

 

Up

150.000000

150.000000

 

Round Up If >= 1.25 Else Down

137.499999

137.500000

 

Round Up If >= 1.25 Else Down

137.500000

137.500000

 

Round Up If >= 1.25 Else Down

150.000001

150.000000

 

Round Up If >= 1.25 Else Down

150.000000

150.000000

Use the Rounding Name page (GP_PIN) to name the element and define its basic parameters.

Navigation:

Set Up HCM > Product Related > Global Payroll & Absence Mgmt > Elements > Supporting Elements > Rounding Rules > Rounding Name

You name every element and define its basic parameters on an Element Name page. All element components in Absence Management share the same Element Name page (GP_PIN).

Use the Definition page (GP_ROUND_RULE) to define how numeric values are rounded.

Navigation:

Set Up HCM > Product Related > Global Payroll & Absence Mgmt > Elements > Supporting Elements > Rounding Rules > Definition

This example illustrates the fields and controls on the Rounding - Definition page.

 Rounding - Definition page

Field or Control

Description

Rounding

Select to use traditional rounding rules.

Increment

Select to set rounding increments.

When you select this option, the Increment field appears, where you define the incremental value.

Round Size

This field appears when you select the Rounding option. Specify a round size from the list. Values are 01 through 11, or 0 to 5 decimal places.

The example fields on the bottom right half of the page enable you to view examples of each type of rounding.

Round Up if >= Else Down

Select to round up if the result is greater than or equal to the value you enter in the Round Adjustment field, based on the number of digits or decimal places entered. If the result doesn't exceed or equal the value, the result is rounded down.

The default value is 5 for rounding.

If you select the Rounding check box, you can enter only one digit in the Round Adjustment field. If you select the Increment option, you can enter a value of up to eight digits. This digit looks at the decimal place to the right of what is being rounded. For example, if you're rounding to the tens (one decimal place), it looks to the hundreds field.

Up

Select to round up, based on the number of digits or decimal places entered. It rounds up if the value to the right of the digits or decimal places specified is greater than zero. The system looks at all the remaining digits or decimal places, not just the next digit.

Truncate/Down

Select to truncate (round down), based on the number of digits or decimal places entered. All digits or decimal places to the right of the number specified are changed to zero, and the rest are truncated.

Rounding Sample

Enter a value to see how the system would round the amount based on your page selections.