Water Flow Meters and "scaledMeterValue" vs "meterValue"

The precision comes from the device itself, that is what it is telling the hub to do in the report it is sending. If the scaledMeter is off by a factor of 10 maybe the device is reporting the wrong precision (bug in device firmware maybe??).

If you have some docs for the device it should list all all the settings, or you could try using my scanner tool to see if you can scan the device for its settings