Advantage Of Using Money Data Types
Feb 9, 2008what are the advantages of using the money data types over decimal etc?
View 6 Replieswhat are the advantages of using the money data types over decimal etc?
View 6 RepliesWhat significant difference is there between the two data types when we are indeed dealing with monetary values (other than being able to set the precision and scale)?
Is there a performance gain from one over the other? Are there administrative-related concerns that should force someone to choose one over the other? Are there any concerns of the MONEY data type being sunsetted by Microsoft anytime in the near future?
Can someone please help me out here?
[EDIT]
I was referring to "fields" in the first sentence when it should've been "data types".
[/EDIT]
- - - -
- Will -
- - - -
http://www.strohlsitedesign.com
http://blog.strohlsitedesign.com/
http://skins.strohlsitedesign.com/
I've got several columns in my database stored as money type. For my purposes, when reporting this data I need to truncate trailing zeros after the decimal. I know I can create a function to do this. I think given the quantity of columns and the numerous queries accessing them, I will undoubtedly forget to use a function everywhere needed.
I thought user defined types may be a solution. I've never used them before. I would still like to store the data as a money type, but anytime it is accessed it would be formatted. Can user defined types do this, or is there a better way?
I am new to SSIS.
I came across the following article:
http://technet.microsoft.com/en-us/library/ms139848(SQL.90).aspx
It states that:
"A data source can be defined one time and then referenced by connection managers in multiple packages. You use a data source object in a package by adding a connection manager that references the data source object to the package. There is no dependency between a data source and the connection managers that reference it."
I have created a data source (DS1) and set it to point to a database say DB1. In the connection managers area, I create a connection manager CM1 using the datasource DS1.Now I edit DS1 to point to a different database DB2. When I open CM1 however it€™s still pointing to DS1.
I guess this is because it€™s said that there is no dependency between the connection manager and data source. My question is what exactly is the advantage of using a data source?
Priya
Hi,
I´m exporting an ms-excel file, then I use a lookup transformation to get a field from a SQL Server 2005 table. The Lookup transformation editor, after selecting the table, shows a warning that says:
at least one mapping between a column from available input columns ans a column from available lookup columns must be defined on the columns page.
So I try to make a relationship in the Lookup transformation editor's column tab where I find the Available input columns and the available lookup columns but I get the following error:
The following columns cannot be mapped:
[Department, DEP_CLEGALCODE]
One or more columns do not have supported data types, or their data types do not match.
The field in SLQ Server is varchar(10) and the input field is a derived column transformation; I have tried different Data Types but I always have the same error.
The DataFlow is: ExcelSource --> Derived Column --> Lookup --> Flat file destination
thanks.
I have a special need in a view for a money column to look like money and still be a money datatype. So I need it to look like $100.00 (prefered) or 100.00(can make work).
If I convert like this '$' + CONVERT (NVARCHAR(12), dbo.tblpayments.Amount, 1) it is now a nvarchar and will not work for me.
How can I cast so it is still money? by default the entries look like 100.0000.
They must remain a money datatype.
Hi,
I have a Price column which has 'money' as the data type.
Then I populated some data into the table. I enter '1.00' in the Price column, then I used the following code to get the data:
Label2.Text = "$" + dataSet1.Tables["products"].Rows[0]["price"].toString();
However, the price is displayed as "$1.0000". But I believe it should display "$1.00". So how can I get rid off the two zeros at the end.
regards
Why does the money data type have 4 decimal places eg £134.3453 or $12.3636
I would have expected it to only have 2.
hi
When we use money data type and which type data
thanks
kunal
I choose a price field as a money data type, but I cannot change thescale of this.the default scale is 4 (it dimmed).how can I change to 2? I only need 2 scale such as $23.33 instead of$23.3344
View 3 Replies View RelatedHi,
I'm using the data type "money" in my SQL database and want to convert what's in txtPrice_textBox to the "money" format. I'm currently using the following code:
' objectCym.price = Convert.ToInt16(txtPrice_textBox.Text) '
Will this work? Is there any reason I should stay away from the "Money" data type?
Thanks,
David
Why does SQL add 4 zeros at the end of a money data type? I have to format my strings once they are retrieved because of this. I am not sure if I did something wrong, but shouldn't it only have 2 trailing zero's?
View 1 Replies View RelatedHi, How would I convert(or format) money data type, so the output will be like: 123,456.78 or 12,345.67
(In other words how would I insert a comma which separates hundred from thousand...)
Thanks a lot,
Andy
I'm using the money data type in a field - but (obvious to me) I need the data to contain two decimal places NO MATTER WHAT - even if they are zeros!
I keep putting in "5.20" and I get "5.2".
How do I keep this from happening? I need both decimal places! I thought about using a text field - but that seems to be wasteful and I would have to do a type cast to do numeric computations.
There has to be a way to do this - this IS the purpose of the data type, isn't it??
Thanks for any help!!
Ryan
Hi Guys,
We are looking for advice on what to do here; we started out with our db holding ex VAT pricing now. Now the problem is the money type can only hold a few decimal places so when we are converting prices to incl vat it can't actually output the correct pricing and it comes our very ugly.
Unfortunately there is no bigmoney data type so we are in a bit of an awkward position
Any idea's?
Hi All,
Is there a way to set a MONEY datatype to a scale (decimal places) of 2?
The default is set to 4 and I can't seem to find any resources on how to change it.
Do I have to add a check constraint to manually round to 2 decimals??
That seems unneccessary.... but if it is, boo-urns to sql server.
thanks!
I am trying to do some amount calculations.
The amount was declared as nvarchar data type.
I did the following coding. I want to get 2 places right of decimal
but am getting only one place right of decimal.
SELECT
(CAST(EQ_TotQuoteAmnt AS Float(7,2)) -
CAST(EQ_InsFee AS Float(7,2)) - 150) as Inforce_Premium
FROM Quoted
Can someone please help me with the syntax?
Thanks in advance.
M. Khan
When i try to use the following command;
Update (table name)
set (Field name)='0'
where ID='1449' (1449 location of the record).
The "Field name" value is 875 and i need to edit the value to 0(zero).
It appears an error -
----------------------------
Msg 260, Level 16, State 1, Line 1
Disallowed implicit conversion from data type varchar to data type money, table 'dbname.dbo.table name', column 'field name'. Use the CONVERT function to run this query.
-----------------------------
So if i change the data type from right click design menu to nvarchar(50) can it be edited from the command that i used above?
How to display money type data properly, with commas every 3 digits?
I've tried :
CONVERT (money, ProjectCost, 1) AS ProjectCost
but it gives me the type as 1234.56 no commas in it?
can anyone help me with that?
thanks!
what is the recommended data type i should use if i want to have a price field that can include "TBA". i can't use smallmoney i suppose, so i should use VARCHAR then validate the String with Visual Studio?
View 1 Replies View RelatedI have some data that I am outputting to a text file:
sum(sales)
where sales is datatype money. If I execute the query with query analyzer I get 4 decimals, but when it is output to a text file it rounds the number
Grid Text File
2182035.9600 2182035.96
961799.2400 961799.24
22104768.1850 22104768.185
If I do cast or convert it to money it does the same thing.
It really doesn't make a material difference for its intended use but I would like to keep it consistent with 4 decimals.
Should data type money allow nulls? Are there valid arguments both pro and con?
Yes, there is the age-old question regarding how one might interpret a NULL found in any column - does it mean the amount is not known or that the amount is zero (in the case of a numeric type)? You get the drift...
Other than that, though - are there any practical considerations an old data hound ought to be aware of?
Hi all!
I want to create a table. One of the columns should be in the data type MONEY with two digits on the right side of the decimal point.
How is that possible?
Thanks a lot and greetings from vienna
landau
How to display money type data with commas every 3 digits?
I tried :
CONVERT (money, ProjectCost, 1) AS ProjectCost
but it gives me the type as 1234.56 no commas in it?
can anyone help me with that?
thanks!
If I pull a value from a MSSQL field with is defined as money, how can I get it to display in a textbox with commas and NO decimals?
87000.0000 = 87,000
I can currently remove the decimals like below but is there a way to add the commas as well?
decRevenue = drMyData("Revenue")
txtRevenue.Text = decRevenue.ToString("f0")
It current shows "87000".
Suggest some sites to check the advantages of version 6.5 over 6.0
View 1 Replies View RelatedI am trying to find a reference for a client that lists the fields available to be substituted into a data driven subscription from the query, along with the expected data types.  For example, the field on whether or not to include a link to the report seems to be expecting a bit data type.I have searched and can't seem to find anything.  I guess I could walk through the interface and try different data types, but if  a list exists, that would be better.Â
View 4 Replies View RelatedDoes anyone know of any cross-references between SQL Server data types and the new data types introduced with SQL Server Integration Services?
View 6 Replies View RelatedOne of my report has different data types like decimal,percentage and integer values.
When I exported the report to excel , all the values are showing as "general" data type.
How to get excel data type same as ssrs report data type by default when exported to excel?
Hi
I have a table in SQL Server with following spec
Table1(Grossamount(money))
I have a SSIS variable called grosstot of type double and use following sql in Execute SQL task in SSIS
Select Sum(Grossamount) from Table1
I then assign the result of above sql stmt to the SSIS variable grosstot within the same Execute SQL task.
it gives me the error :
[Execute SQL Task] Error: An error occurred while assigning a value to variable "grosstot ": "The type of the value being assigned to variable "User::grosstot " differs from the current variable type. Variables may not change type during execution. Variable types are strict, except for variables of type Object. ".
I tried the following sql to no avail
Select CONVERT(numeric (12,2), Sum(Grossamount) from Table1
Your help very much appreciated
I Have a table with #Sample like below
=================================
#Sample
id int,
SSN varchar(20),
State varchar(2)
Â
Sample Data:
ID SSN STATE
1 999-000-000 AB
2 979-000-000Â BC
3 995-000-000Â CD
=================================
We used filter logic based on the SSN & State.
We are passing these values through variables like
Declare @State varchar(2)
Declare @SSN varchar(20)
While run time these values are lets suppose @SSN = '999-000-000' & @State='ABC'
Now the Result is displayed with the state data Like 'AB' only.
Output: 1 999-000-000 AB
instead it should give system generated error.
Here I have 2 Questions:
1. Why it is taking 1st 2 Charecters?
2. Why it does not have any system generated for length?
I can do validation with Length function for these 2 variables however if have 100 variables then it should not feasible case. So, what is the reason behind?Â
I have an source file and i have to load it into the data base by changing datatype of the columns in ssis
View 1 Replies View RelatedHi,
anyone can provide a quick link or summary why I should be using Views in MS SQL Server rather than just using SQL in my vbscript pages
Thanks!