EBTAX: Tax is Rounding Up Even Though the Setup is Set to the Nearest
Last updated on SEPTEMBER 21, 2017
Applies to:Oracle Receivables - Version 12.1.1 and later
Oracle E-Business Tax - Version 12 and later
Information in this document applies to any platform.
Created a Sales Order and the the tax rounds up to higher unit, instead of nearest unit.
Example: 12.554 should be 12.55 but it shows up as 12.56
The tax is setup as follows:
Rounding = NEAREST
Precision = 2
Minimum Accountable = 0.01
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