PRB: Format Function May Return Incorrect Values

MORE INFORMATION

Decimal values stored in single and double data-types are binary representations of the number. Certain decimal values cannot be exactly represented in binary and are approximately represented. When evaluated by the Format function, these values may not be rounded as expected.

There are two methods recommended to minimize these errors:

1. Use the Currency data type rather than singles or doubles. Currency values are actually stored as integers with the decimal point scaled four places.
2. Convert the values to Currency before evaluation by the Format function.

Steps to Reproduce Behavior

1. In Microsoft Visual Basic, create a new Standard EXE project. Form1 is created by default.
2. On Form1, add a textbox (Text1) and three labels (Label1, Label2, and Label3).
3. Set the Text property of Text1 to a zero and the Caption property of each of the labels to nothing.
4. Add the following code to the Change event of the textbox:

         Dim dblValue As Double
         Dim sngValue As Single
         Dim curValue As Currency
   
         dblValue = Text1.Text
         sngValue = Text1.Text
         curValue = Text1.Text
   
         Label1.Caption = Format(dblValue, "#.000")
         Label2.Caption = Format(sngValue, "#.000")
         Label3.Caption = Format(curValue, "#.000")
   					

5. Run the project, and enter some decimal values in the textbox, such as:
   
   0.9125
   0.7125
   0.0915
   
   Note that the values displayed in the labels are different. The Format function rounds some values up and some down based upon the data-type. For instance, 0.9125 may be displayed as .912 and .913.

To correct this problem and to keep all values consistent, do one of the following:

1. Use the CCur() function to convert the values to a Currency data type before using the Format() function: (This should not be used if the values will have more than 13 digits.)
   
   TextDblCur = Format(CCur(dblValue), "#.000")
   TextSngCur = Format(CCur(sngValue), "#.000")
   
2. Declare the variables as Currency.