Home → EstiMate Version 2 → General → Why are there so many places after the decimal point in the rate field?
We put 4 there because proper rounding is critical in accounting. We found in the past that sometimes with only 2 places after the decimal, prices weren't properly rounded and therefore might not match figures brought into QuickBooks or over to other accounting programs. Those fractions of a penny could cause audit issues, etc. With EstiMate 2.0, we have eliminated that concern, by fine tuning the rate price to 4 places after the decimal. It has been done intentionally.