"Unit Amount Rounding Precision" in General Ledger Setup

myanilkumar

Hi,

I had setup "Unit Amount Rounding Precision" to whole number i.e. 1 and closed the application and opened again.

Later if i tried to Key in Unit Amount in decimal places it still appears in decimal places. It's not rounding to whole number. I am not using any Currency.

Please let me know if i need to do any other setups.

Regards,
Anil

ara3n

Unit amount rounding precision is use during posting of inventory unit cost,

You will need to use Amount Rounding Precision when for entering amounts on sales order for example.

Amount Rounding Precision is used to round Amount in GL and in Cost amount actual/expected in value entry.


so where did you enter the value?

myanilkumar

Hi Rasheed,

Thanks for the reply. I had setup Unit Amount Rounding Precision to whole and Amount Rounding Precision to 2 decimal Places.

I created a Sales Invoice and in the lines i had entered Unit Amount for eg. 2.75. It remains same. Its not rounding.

I need to know How it works?

Regards,
Anil

kapil4dynamics

myanilkumar wrote:

I need to know How it works?

Make it 1 create a Purchase Invoice with Direct Unit Cost as 31.97 and post the invoice. Go to Value Entry of that particular entry and notice Cost per unit.

kapil4dynamics

Addition: U cannot change Amount rounding precision if u some posted entries. So u have blank db means with no ledger entries :?: