[mysql] DOUBLE vs DECIMAL in MySQL

From your comments,

the tax amount rounded to the 4th decimal and the total price rounded to the 2nd decimal.

Using the example in the comments, I might foresee a case where you have 400 sales of $1.47. Sales-before-tax would be $588.00, and sales-after-tax would sum to $636.51 (accounting for $48.51 in taxes). However, the sales tax of $0.121275 * 400 would be $48.52.

This was one way, albeit contrived, to force a penny's difference.

I would note that there are payroll tax forms from the IRS where they do not care if an error is below a certain amount (if memory serves, $0.50).

Your big question is: does anybody care if certain reports are off by a penny? If the your specs say: yes, be accurate to the penny, then you should go through the effort to convert to DECIMAL.

I have worked at a bank where a one-penny error was reported as a software defect. I tried (in vain) to cite the software specifications, which did not require this degree of precision for this application. (It was performing many chained multiplications.) I also pointed to the user acceptance test. (The software was verified and accepted.)

Alas, sometimes you just have to make the conversion. But I would encourage you to A) make sure that it's important to someone and then B) write tests to show that your reports are accurate to the degree specified.

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