BEE Status Information requires status with decimal figures

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Overview

This evergreen enhancement enables the BBBEE (Broad-based Black Economic Empowerment) status to contain real values with decimal figures. Previously, users were limited to entering integer values, despite BBBEE being a percentage-based metric. With this update, users now have the flexibility to input decimal values accurately, providing a more precise representation of their BBBEE status.

Key Features:

Decimal Precision: Users can now enter decimal values for the BBBEE status, allowing for more granular and accurate reporting.
Specific to South African Legal Entities: This feature is specifically designed for South African legal entities, as BBBEE compliance is a regulatory requirement in South Africa. By enabling decimal values for BBBEE status, we ensure that our platform aligns with the unique needs of South African businesses operating within the regulatory framework of BBBEE.

Data Update:

Existing values for BBBEE status will automatically be updated to enable decimal places after the update to evergreen 10.0.39. This ensures seamless transition and compliance with the enhanced functionality.

How It Works:

Users can simply input the BBBEE status value with decimal places, ensuring compliance with regulatory standards.

Note: This enhancement applies exclusively to South African legal entities utilizing the BBBEE framework.