What is the datatype for money in SQL?

What is the datatype for money in SQL?

Unlike the DECIMAL data type, the MONEY data type is always treated as a fixed-point decimal number. The database server defines the data type MONEY(p) as DECIMAL(p,2). If the precision and scale are not specified, the database server defines a MONEY column as DECIMAL(16,2).

How do you set a default parameter in SQL?

If you add a parameter when creating a stored procedure, you can provide a default value so that the execution statement is not required to pass input value to this parameter. To provide a default value to a parameter, you should use this format: “@parameter_name data_type = default_value”.

How do you represent money in SQL?

The money types are integers Behind the scenes, money / smallmoney are just a bigint / int The decimal point in the text representation of money is visual fluff, just like the dashes in a yyyy-mm-dd date. SQL doesn’t actually store those internally.

What data type should be used for MONEY?

Although the MONEY datatype generally takes less storage, and takes less bandwidth when sent over networks, via TDS, it is generally far better to use a data type such as the DECIMAL or NUMERIC type, which is less likely to suffer from rounding errors or scale overflow.

What data type should be used for money?

What is a currency data type?

Currency data type (LotusScript® Language) Specifies a variable that contains an 8-byte integer, scaled to four decimal places to suitably represent a monetary value. Examples: Currency data type. ‘ Currency is calculated to four decimal places.

Where are the default values for procedure parameters?

Addendum: The default values for procedure parameters are certainly buried in a system table somewhere (see the SYS.ALL_ARGUMENTS view), but getting the default value out of the view involves extracting text from a LONG field, and is probably going to prove to be more painful than it’s worth.

Is the stored procedure parameter a constant or a variable?

Stored Procedure parameter default value – is this a constant or a variable. SSMS is not too happy with the default value I’ve used – in the MSDN DEFINITION HERE it says that the default value needs to be a constant rather than a variable.

Which is the default parameter in uspgetsalesytd?

The following example creates the uspGetSalesYTD procedure with one input parameter, @SalesPerson. NULL is assigned as the default value for the parameter and is used in error handling statements to return a custom error message for cases when the procedure is executed without a value for the @SalesPerson parameter.

How to specify output parameter in SQL Server?

The default is an input parameter. To specify an output parameter, the OUTPUT keyword must be specified in the definition of the parameter in the CREATE PROCEDURE statement. The procedure returns the current value of the output parameter to the calling program when the procedure exits.