EAP: Discrepancy between the Monetary Amount and the Foreign Amount, When Currency is Defined(INR) for 2 Decimal Places (Doc ID 2059658.1)

Last updated on FEBRUARY 11, 2016

Applies to:

PeopleSoft Enterprise FIN Payables - Version 9.2 to 9.2 [Release 9]
Information in this document applies to any platform.

Symptoms

 Voucher Post Creates Monetary Amount and Foreign Amount in 3 decimal places for Service tax voucher, when Currency is setup for 2 Decimal Places.

STEPS

1. Setup the India Service Tax(12%, 2%,1%) and Posting method as 'Detail Offset'
2. Create Voucher using Service Tax
3. Check at the Invoice line service tax is calculated
4. Post the Voucher
5. Check in VCHR_ACCTG_LINE the Monetary Amount

Foreign Amount has values in 3 Decimal Places.

Expected behavior

Monetary and Foreign Amounts should round up to 2 Decimal places.

Cause

Sign In with your My Oracle Support account

Don't have a My Oracle Support account? Click to get started

My Oracle Support provides customers with access to over a
Million Knowledge Articles and hundreds of Community platforms