IRS mileage rates often need more than 2 decimal places. Please consider offering format options in reports to allow for this.

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IRS mileage rates can change yearly.  We need to show the full rate to some clients so they know they are being billed for the current rate.  Only showing 2 decimal places doesn't allow us to show the full rate.
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Posted 9 months ago

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Aashnee Kamboj, Community Moderator

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Hi Jerry,

Thank you for bringing this up.

You need the decimal precision in Expense sheet or reports?
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This is an issue shows up in reports and invoicing. The expense sheet allows you to enter more than 2 decimal places. It allows you to enter $0.535, but when you pull a report or bill on an invoice it rounds it up to $0.54. This throws off the total on the invoice. 
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Karen Chao, Product Manager

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Hi Lisa,

We understand the decimal precision is a problem. We are currently working on some other product features but hope to be able address this in the near future. Not sure on timing yet. 

Best, Karen
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R, Rakesh

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Is there any update on this feature request as many other customers have come up with the same requirement.