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Decimal issues when converting invoice currency to ledger currency.

in Project Management 1 comment

Contract currency is different than provider ledger currency. So for that currency conversion attributes come is action.

For Invoicing we have opted for 'Invoice Date' as conversion date.
For Revenue we have opted for 'Transaction Date' as conversion date

Rounding Off issues in Revenue Conversion:

Example:
Cost: 200 INR
Contract Currency: GBP
Ledger Currency: INR
Rate(INR/GBP) on Txn Date: 108.987321
Date of Txn: May 1

So while converting to Contract/Revenue Currency to GBP, 200/108.987321= 1.835075843 GBP,
If it is again reconverting from GBP to INR(Ledger Currency), then it is picking GBP amount upto two decimal places only which is 1.83GBP, after recoverting INR value is 199.45

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