--- title: Can I control the decimal places in reward letters? description: comp cycle reward letters --- [Skip to content](https://helpcenter.pequity.com/support/can-i-control-the-decimal-places-in-reward-letters#main-content) English Show submenu for translations [More support](https://helpcenter.pequity.com/support/kb-tickets/new?hsLang=en) ![Logo (1)](https://helpcenter.pequity.com/hs-fs/hubfs/Logo%20(1).png?width=202&height=50&name=Logo%20(1).png) - [Pequity](https://pequity.com/) - [Platform](https://pequity.com/solutions) - [Blog](https://blog.pequity.com/) - [Login](https://pequity.app/login) - [Get a demo](https://pequity.com/contact) Open main navigation Close main navigation - [Pequity](https://pequity.com/) - [Platform](https://pequity.com/solutions) - [Blog](https://blog.pequity.com/) - [Login](https://pequity.app/login) - [Get a demo](https://pequity.com/contact) - English Show submenu for translations - [More support](https://helpcenter.pequity.com/support/kb-tickets/new) - Contact us Contact us How can we help you? - There are no suggestions because the search field is empty. 1. [Support Center](https://helpcenter.pequity.com/support?hsLang=en) 2. [Pequity Features & Workflows](https://helpcenter.pequity.com/support/pequity-features-workflows?hsLang=en) 3. [Pequity Comp Cycles](https://helpcenter.pequity.com/support/pequity-features-workflows?hsLang=en#pequity-comp-cycles) # Can I control the decimal places in reward letters? ## This guide explains how to configure the number of decimal places shown in your reward letters. #### **Using Placeholders** Reward letters use placeholders to automatically pull data fields from the workbook. You can find these placeholders in the **Cycle's Settings page \> Reward Letter Templates tab \> Placeholders** linked text. ![Screenshot 2026-04-29 at 7.24.29 AM](https://helpcenter.pequity.com/hs-fs/hubfs/Screenshot%202026-04-29%20at%207.24.29%20AM.png?width=670&height=223&name=Screenshot%202026-04-29%20at%207.24.29%20AM.png)   --- #### **Formatting Decimal, Currency, or Percent Fields** When the field you want to pull is a decimal, currency, or percent, the placeholder includes a formatting option: ![Screenshot 2026-04-29 at 7.27.34 AM](https://helpcenter.pequity.com/hs-fs/hubfs/Screenshot%202026-04-29%20at%207.27.34%20AM.png?width=670&height=127&name=Screenshot%202026-04-29%20at%207.27.34%20AM.png) Here’s how it works: - `number_format(2)` → Displays **2 decimal places** - `number_format(0)` → Displays **no decimal places** - `number_format(4)` → Displays **4 decimal places** Adjust the number inside the parentheses to control how many decimal places appear in the reward letter.  #### Examples - Salary with two decimals: `current_salary | number_format(2)` → 50,000.00 - Salary with no decimals: `current_salary | number_format(0)`→ 50,000 - Percentage with four decimals: `bonus_percent | number_format(4)`→ 12.3456% --- ### **Key Notes** - Use `number_format(n)` to control decimal precision. - Replace `n` with the number of decimal places you want. - This applies to any decimal, currency, or percent field in your reward letters. - [Getting Started with Pequity](https://helpcenter.pequity.com/support/getting-started-with-pequity?hsLang=en#main-content) - [Pequity Setup & Company Admin Onboarding](https://helpcenter.pequity.com/support/getting-started-with-pequity?hsLang=en#pequity-setup-company-admin-onboarding) - [Personal Settings](https://helpcenter.pequity.com/support/getting-started-with-pequity?hsLang=en#personal-settings) - [Integrations & Data Management](https://helpcenter.pequity.com/support/getting-started-with-pequity?hsLang=en#integrations-data-management) - [ADP Lyric HCM Integrated Pequity](https://helpcenter.pequity.com/support/adp-lyric-hcm-integrated-pequity?hsLang=en) - [Managing Your Team in Pequity](https://helpcenter.pequity.com/support/managing-your-team-in-pequity?hsLang=en#main-content) - [General User Access](https://helpcenter.pequity.com/support/managing-your-team-in-pequity?hsLang=en#general-user-access) - [Single Sign-On (SSO) Integration](https://helpcenter.pequity.com/support/managing-your-team-in-pequity?hsLang=en#single-sign-on-sso-integration) - [People Manager Access](https://helpcenter.pequity.com/support/managing-your-team-in-pequity?hsLang=en#people-manager-access) - [Pequity Features & Workflows](https://helpcenter.pequity.com/support/pequity-features-workflows?hsLang=en#main-content) - [Pequity Comp Cycles](https://helpcenter.pequity.com/support/pequity-features-workflows?hsLang=en#pequity-comp-cycles) - [Pequity Ranges Tool](https://helpcenter.pequity.com/support/pequity-features-workflows?hsLang=en#pequity-ranges-tool) - [Pequity People Tool](https://helpcenter.pequity.com/support/pequity-features-workflows?hsLang=en#pequity-people-tool) - [Pequity Approvals Tool](https://helpcenter.pequity.com/support/pequity-features-workflows?hsLang=en#pequity-approvals-tool) - [Pequity Best Practices](https://helpcenter.pequity.com/support/pequity-best-practices?hsLang=en) - [Security & Compliance in Pequity](https://helpcenter.pequity.com/support/security-compliance-in-pequity?hsLang=en) - [Proactive Support & Troubleshooting](https://helpcenter.pequity.com/support/proactive-support-troubleshooting?hsLang=en) - [Pequity Updates & Insights](https://helpcenter.pequity.com/support/pequity-updates-insights?hsLang=en) - [Pequity University](https://helpcenter.pequity.com/support/pequity-university?hsLang=en#main-content) - [Comp 101](https://helpcenter.pequity.com/support/pequity-university?hsLang=en#comp-101) - [Reward Letters](https://helpcenter.pequity.com/support/reward-letters?hsLang=en) [![Pequity](https://helpcenter.pequity.com/hubfs/Pequity%20an%20adp%20company%20final%5B96%5D%20(1).svg "Pequity")](http://pequity.com) 1 ADP Boulevard Roseland, NJ 07068 Copyright © 2026 Pequity, an ADP Company