Rounding problem for AR transactions with Installments (Doc ID 1675451.1)

Last updated on AUGUST 08, 2016

Applies to:

Oracle Receivables - Version 11.5.10.0 to 12.1.3 [Release 11.5.10 to 12.1]
Information in this document applies to any platform.

Symptoms

There is a rounding problem for Transactions with Installments.

Steps to Reproduce:
Responsibility:  Receivables
Navigation:  Setup > Transactions > Payment Terms
1. Setup a payment term with installment, e.g. 50% due for 1days, 50% due for 2 days.
Navigation:  Transactions > Transactions
2. Create an invoice, using this payment term, the invoice amount is 100.
3. Payment schedule had been divided into 2 installments: 50.01 + 49.99.

It mostly like to occur when using Inclusive Tax.

Cause

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