How to create a Django model with a DecimalField

In Django, you can use the DecimalField to define a field that stores decimal numbers in the database. Here's an example of how you can create a Django model with a DecimalField:

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from django.db import models

class YourModel(models.Model):
    # Other fields in your model
    
    # DecimalField with max_digits and decimal_places parameters
    decimal_field = models.DecimalField(max_digits=10, decimal_places=2)

In this example:

• max_digits specifies the total number of digits to store, including both the digits before and after the decimal point.
• decimal_places specifies the number of decimal places to store.

You can adjust max_digits and decimal_places based on your specific requirements.

Here's a breakdown of the parameters in DecimalField:

• max_digits: The maximum number of digits allowed in the number. This includes both the digits before and after the decimal point.
• decimal_places: The number of decimal places to store.

For example, max_digits=10, decimal_places=2 allows a number like 12345.67 to be stored.

After defining your model, don't forget to run makemigrations and migrate to apply the changes to your database:

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python manage.py makemigrations
python manage.py migrate

Now, your model has a DecimalField named decimal_field. You can use this field to store decimal numbers in your Django application.