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Oracle® Insurance Rules Palette Release 9.3.1.0 E21044_01

# UnitValuePrecision

## Description

The business rule, UnitValuePrecision, is used to determine the number of digits allowed after the decimal point. The decimal placing can be configured based on a client's need to show the proper unit value. This rule can be used to calculate the units precision at Accumulation and Benefit level by attaching this business rule to the transactions that affect Benefit. These values are ultimately stored as units in AsValuation and AsBenefitSplit tables. If this business rule is not in place the system will revert to its default setting of ten decimal places.

UnitValuePrecision Element/Attribute Table
Element/Tag | Definition | Attribute | Element/Attribute Value and Description
--- | --- | --- | ---
<UnitValuePrecision> | The opening and closing tag of the business rule. |  |
<Precision> | Required element; To configure the number of digits that should be displayed after the decimal point in a UnitValue. |  | Required element value; Integer: To indicate the number of digits that are allowed after the decimal point.

## XML Example

<UnitValuePrecision>

<Precision>4<Precision>

</UnitValuePrecision>

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