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Manipulating SMALLMONEY data type

Posted on 2006-07-05
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Last Modified: 2013-12-03
Hi,

I'm using the SMALLMONEY data type.  I have a function that uses a string value passed from VB.NET to add the string to the SMALLMONEY value and return the result as SMALLLMONEY.  The following function works:

CREATE FUNCTION dbo.AddMoney
      (
      @ORIGINALVALUE AS SMALLMONEY, --The original Value to be added to
      @ADDAMOUNT AS VARCHAR(10) --The value to be added
      )
RETURNS SMALLMONEY
AS
      BEGIN
      DECLARE @RETURNAMOUNT AS SMALLMONEY
      SET @RETURNAMOUNT = CAST(@ADDAMOUNT AS SMALLMONEY)
      SET @RETURNAMOUNT = @RETURNAMOUNT + @ORIGINALVALUE
      RETURN @RETURNAMOUNT
      END

My question is:  I need to calculate a percentage of a SMALLMONEY value and return the result as a SMALLLMONEY.  So I need to pass in the Price to amend, and the percentage to calculate ie (17.5% TAX).  What would be the best types to pass in to the function and how would I manage the conversions to get an accurate result?
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Question by:AMLabels
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1 Comment
 
LVL 143

Accepted Solution

by:
Guy Hengel [angelIII / a3] earned 400 total points
ID: 17043943
NOTE:
  you should NOT use money and smallmoney as database field values, as this is a mix of value + currency.
  use decimal instead, and for DISPLAY (and possibly import), you can use the money data types.

Here a function (with money, but as noted above, you should not use money)

CREATE FUNCTION dbo.ComputeTax
     (
     @ORIGINALVALUE AS SMALLMONEY, --The original Value to be added to
     @TaxValue AS Decimal(10,4) --The tax value
     )
RETURNS SMALLMONEY
AS
     BEGIN
     DECLARE @RETURNAMOUNT AS SMALLMONEY
     SET @RETURNAMOUNT = @ORIGINALVALUE * @TaxValue / 100
     RETURN @RETURNAMOUNT
     END
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