Rounding problem for AR transactions with Installments
Last updated on AUGUST 08, 2016
Applies to:Oracle Receivables - Version 18.104.22.168 to 12.1.3 [Release 11.5.10 to 12.1]
Information in this document applies to any platform.
There is a rounding problem for Transactions with Installments.
Steps to Reproduce:
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.
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