Re: Money in numeric field

From: "Albe Laurenz" <laurenz(dot)albe(at)wien(dot)gv(dot)at>
To: Martín Marqués *EXTERN* <martin(dot)marques(at)gmail(dot)com>, "pgsql-general" <pgsql-general(at)postgresql(dot)org>
Subject: Re: Money in numeric field
Date: 2012-04-20 08:51:08
Message-ID: D960CB61B694CF459DCFB4B0128514C207C34244@exadv11.host.magwien.gv.at
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Martín Marqués wrote:
> I have a question involving money data stored in a numeric(9,2) field,
> and posible errors with there manipulation.
>
> in short, the table has these columns:
>
> store: int
> amount: int2
> cost: numeric(9,2)
>
> What I need to find is the total amount of money spent in a particular
> store, so I do something like the second query:
>
> SELECT count(*) from material where store = 9;
> count
> -------
> 360
> (1 fila)
>
> SELECT sum(cost*amount) from material where store = 9;
> sum
> ----------
> 48244.35
> (1 fila)
>
>
> Is it posible to have errors after multipling the numeric value by and
> int and then adding them all with the SUM() function?

Not really.
"numeric" represents numbers exactly up to 131072 digits before
the decimal point and up to 16383 digits after the decimal point.

Yours,
Laurenz Albe

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