Learn how to choose a number formatting standard for your organization
In your Precisely organization, Admin users are able to choose a number format locale on the organization settings page.
The number format locale is automatically applied to:
- Monetary values in metadata fields
- Monetary values in archive columns
Additionally, you have the option to apply the number format locale to numeric references in documents.
When the number formatting locale is set to 'No locale' in Precisely, numbers are displayed without spaces between digits and use a dot as the decimal separator.
Example of 'no locale' number: 123456.67
How to change your organization's number format locale
Go to Organization settings, and simply select a number format locale from the drop-down menu.
You can select a country whose monetary formatting standards you want to use, such as the country where your organization is located. This choice is independent of the currency or currencies used in your contracts and the communication language of your organization.
For example, if you select 'German (Germany),' monetary values will be displayed according to Germany's formatting standards.
How to format numeric references in documents
When creating a numeric reference in your template, you can choose between two number format options:
- Default format
- No format
The Default format follows the setting selected in the number format locale. When choosing this option, you can also specify the number of decimal places to display in the document (0-6).
Note: If no locale is selected in the organization settings, the Default format option for numeric references uses commas as thousand separators and a dot as the decimal separator (e.g., 123,456,789.10).
The No format option applies no locale-specific number formatting to numeric outputs in the document (e.g., 1234567.67).
When drafting a contract and answering a numeric question, you will see a preview of how the number formatting will appear in the document.
How to format monetary numeric metadata
By default, the custom number formatting locale will display for numeric values connected to a monetary reference metadata point.👇 See the full list of monetary metadata:
Monetary metadata |
Contract Value |
Cost |
Implementation Fee |
License Fee |
Rent |
Rent per sqft |
Rent per sqm |
Revenue |
Salary |
Upfront Fee |
That means, the custom format will be visible in the:
- metadata form
- archive columns
⚠️ Important! When typing in the numeric value, you don't need to follow the formatting standard set up in your organization. Instead, you should only write numbers (no spaces) and a decimal separator (either a comma or a dot).
Then, the number will automatically convert into your organization's standard.