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How to increase decimal precision of an existing item EFF value in Product Information Management

How to increase decimal precision of an existing item EFF value in Product Information Management. For example when we are entering the value 3.67 in the ITEM EFF value, Value 3.67 for field exceeds the number of decimal places allowed. The value set for this item eff contains precision 8 and scale 0, minimum and maximum values are null. How to increase for this field?

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