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.

Symptoms

On : 12.2.4 version, Tax Deducted at Source-Payables

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

ERROR
-----------------------
Rounding Factor Shall not exceed the currency precision

STEPS
-----------------------
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

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

Cause

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