Advanced Pricing - Change Item Prices rounding issue
The Change Item Prices feature in Advanced Pricing isn’t working correctly for fractional item prices.
For example, I have items priced at $0.01560 per piece. When I use Change Item Prices to increase the price by 10%, QuickBooks changes the price to $0.02 instead of $0.01716.
What makes this even stranger is that there’s an option to turn off rounding, and the “Round up to nearest” setting even lets you choose a rounding increment like $0.01. So why is it rounding to the nearest cent when rounding is supposedly disabled especially when QuickBooks clearly supports pricing out to five decimal places (0.00001)?
This feels like another poorly thought-out implementation in QuickBooks.