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In odoo-7 purchase order and purchase invoice allowed us to give only two decimal points. For example i want to enter 10.1234 as unit price, but purchase order and invoice allowing only up to 10.12. Is it possible to increase number of decimal points without changing the code in odoo-7?

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By changing the decimal precision, this can be achieved.

Go to Settings --> Technical --> Database Structure --> Select "Product Unit of Measure" and change the digits according to your need.

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Thank you atchuthan, working fine. see your karma equals to this year=2014