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3.2. Configuration

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Configuration of the Trade Accout Service

There are only two configuration settings for the Account Service:

Default currency
This is the currency code that new accounts will use. By default it is "EUR" for Euro.
Default precision
This is the number of decimal places that new accounts will record.

New accounts will use both of these values. It is not expected that the service provider will change these values after their initial configuration.

Currency

The currency symbol defines the full meaning (and therefore value) of monetary entries in an account. When a service (such as the SLA Service) bills an account, the bill will be rejected if the currency used in the bill is not the same as the currency recorded in the account. There is no automatic conversion between currencies.

Precision

When an account is billed, the monetary value in the bill is rounded (using the half-even rounding method) to the number of decimal places defined in the precision setting. It is up to the manager of the account service to decide how many decimal places to store. If there were many very small charges to an account, then setting too few decimal places could mean that the charges were effectively ignored.