Inconsistent Rounding Behavior Of Tax Calculation For Adjustment Event (Doc ID 2376433.1)

Last updated on MARCH 29, 2023

Applies to:

Goal

On : 7.5.0.15.0 version, Accounts Receivable (AR)

Scenario:

Consider a user using the following rounding configuration for currency "Swedish Krona" (752):

Processing stage Precision Rounding Method
For Rating : 2 digits PIN_BEID_ROUND_NEAREST method
For Discounting : 2 digits PIN_BEID_ROUND_NEAREST method
For Tax : 2 digits PIN_BEID_ROUND_NEAREST method
For A/R : 2 digits PIN_BEID_ROUND_NEAREST method

Note that, "Nearest Rounding" method means : If the additional digit is 0 through 4, the last significant digit remains the same. If the additional digit is 5 through 9, the last significant digit is rounded up. For example, 1.151 rounds to 1.15, and 1.155 rounds to 1.16.

And found out inconsistent rounding behavior for tax calculation for adjustment amount.

Example:

 even_bal_impacts.amount = -231.22
 tax percentage = 25%
 total tax amount = 57.8

Note: Total tax amount is coming as 57.805 which is getting rounded to 57.8(as per the rounding rules) which is incorrect. It should be rounded to 57.81

Steps to reproduce:

• Create an account with a product and discount such that after discount, net amount should be 299 on 2nd of the month
• Change pvt to next month
• Perform billing and invoicing
• Move pvt 4 days ahead and perform 100% adjustment on all the events
• Generate corrective invoice.

Solution

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