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Error "Rounding Factor Shall not exceed the currency precision" in Define Regime Form (Doc ID 2319994.1)

Last updated on OCTOBER 22, 2017

Applies to:

Oracle Financials for India - Version 12.2.4 and later
Information in this document applies to any platform.


On : 12.2.4 version, Tax Deducted at Source-Payables

When attempting to Perform Rounding to nearest Rupee,
the following error occurs.

Rounding Factor Shall not exceed the currency precision

The issue can be reproduced at will with the following steps:
1. Create a TDS Regime
2. Try setting rounding of Taxable Amount and Tax Amount to Rs 10
3. Observe Error

The issue has the following business impact:
Due to this issue, users cannot create regime and perform transactions


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