It is necessary for Organization to make sure the fractional currency of ticket charge fee price is not smaller then the accepted value (e.g for Colombia peso, the smallest value is 50 COP, while the charge fractional amount may have a smaller value due to the rate calculation)
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A rounding granularity is activated to use for simple charge, depend on organization's currency.
How to get started
Configuration
The feature is available for Simple charge at Charge table setup ( it is not available for Overhead fee nor Shipment fee setup)
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| Euro (EUR) & Other currencies | Colombian Peso (COP) | Yen (JPY) |
|---|---|---|
| 0.01 | 50 | 1 |
| 0.05 | 100 | 5 |
| 0.10 | 500 | 10 |
| 0.50 | 1000 | |
| 1.00 |
Amount calculation
The rounding is applied for total amount of each ticket (total amount = ticket unit amount + charge fee), followed by step (3) of this scenario:
- User purchases a ticket with price 1001 COP, charge fee 7%
- Total amount to pay for this ticket is: 1001*1.07 = 1071.07 COP
- Round this total amount with rounding value 50, so total amount = 1100 COP, which is the final amount to pay
- The charge fee amount of this ticket is the subtraction of rounded total amount and initial ticket price (1100-1001=99 COP)