Try select (260739.94::double precision * (1.00::double precision / 365.00::double precision) )
default precision in postgres is pretty lossy, use double precision whenever you need max precision. 2013/4/23 Kanitchet Vaiassava <kanic...@hotmail.com> > ** > *(Bug) Numeric fault calculation* > > My company has using postgresql as database for ERP application which > in-house developed. > For store financial and accounting data, we chose "numeric" type for > accurate calculation (and with recommend by postgres's documentation) and > we faced the problem by using "double precision" before. > > However, we found that by using numeric had the problem too. > In our formula for calculate interest for customer's overdue payment > that using numeric, > we found that it had fault calculate. So, it effected our interest amount. > > In the attached file you can see that the result from postgresql and by > using long division method is difference. > > *postgresql :* 714.35599999999xxxx > *long division method*: 714.356 > > and if we multiply this result with interest rate and others factor and > round up later. the amount is miscalculate. > > Thank you and sorry for bad english gramma. > > > Best Regards, > Kanitchet Vaiassava > ThaiAce Group > 555 Nawamin Rd., Klongkum, Buengkum, Bangkok 10230, Thailand > Mobile +66 89 515 9955; Office +66 2 744 2288; Fax +66 2 379 1166 > > --------------------------------------------------------------------------------------------------------------- > > > -- > Sent via pgadmin-support mailing list (pgadmin-support@postgresql.org) > To make changes to your subscription: > http://www.postgresql.org/mailpref/pgadmin-support > > -- Regards, Alexander Yerenkow