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Expand decimal precision for hourly rates
Please expand the decimal precision of hourly rates. Limiting rates to two places (cents) means that errors are compounded when multiplying odd amounts.
I see this error in the following example project:
I invoice a client $1000 for 12 hours.
That means the hourly rate is $83.333333…
However, I can only enter it as $83.33 in my time budgeting. After working 12 hours, Harvest tells me that I have billed $999.96. Well, no, I have billed $1000…
Please expand the precision so we can have our budget numbers match our invoices.
@John I’m not quite following your request. Harvest is designed to use rates to calculate invoice totals, not the other way around.
Hi Barry,
That’s fine if Harvest is designed to using rates to calculate invoices, but it’s calculating them incorrectly due to round-off errors.
Say I bid a client in advance, at a rate of $1000 for 12 hours. Then I have to track the time against it as I work it. The problem is I can’t put in an accurate hourly rate as I need to, and as a result can’t see accurate totals.
If I enter $83.33, after 12 hours Harvest shows my total in my Time Report as $999.96. I can’t enter $83.3333, which x12 = $999.9996 which will round properly.
I would like to see Harvest allow 4 digits of precision when entering rates, so roundoff errors like this are avoided.
- jfw
+1 on this request Please!
We often bill through for our sub-contractors who give us fixed price bids (ie $5,000) but we have to bill the client per hour per our contract. If we are billing at a rate which doesn’t divide equally, (like $150/hour) then I have to put in 33.33 hours which leaves the invoice 50 cents short.
Then I have to go in and manually change the invoice. But then the reports won’t ever be quite right. And as I am a person who likes things to even out to the penny this drives me slowly insane.
Thank you! :)
Similar situation here. I negotiated a package deal for a service with one of my clients, a property management company. As they pass on the cost to their clients, it’s divided 7 ways (not a nice decimal result – 0.142857…) More precision would be helpful.
Hi @bbardon- I’ve added your name to our feature request list. Thanks for letting us know more about the issue.