Currency Format on textbox not working

[Brant]

I am having a very stupid problem.  I have a linetotal field on a report that is databound from a field in a table that is of currency data type.  It is showing on the telerik report as non currency.  No matter how I try to set the format of that textbox to currency "Format("{0:C2}",=fields.linetotal) or just setting the format property to currency, it will not work.  What am I missing here?

[Steve]

Hello Brant,

We were not able to reproduce such a problem on our end. In fact the Product Catalog report from our online examples has a few fields that are of data type money and are properly formatted through the format property {0:C2}.

All the best,
Steve
the Telerik team

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[Charles]

I know this is really old but I was having the same issue and this was the first article I found so I figured I would post this here

Originally I was using this as my field value:
{SUM(IIF(Fields.[myFieldName1] > Now(), Fields.[myFieldName2], 0))}
I changed it to:
=SUM(IIF(Fields.[myFieldName1] > Now(), Fields.[myFieldName2], 0))
Now it works, I need to take a look at the documentation to verify this but I'm guessing it didn't work because { } means string to the API. 

Hopefully this will help others getting started with Telerik.

[NICHOLE]

Super helpful! Thank you!