Line-Level Rounding Discrepancies in Payables Invoice Matching
Description (Required):
How to handle amount discrepancies in payables caused by rounding at the line level during invoice and purchase order matching.
Example:In the invoice image, the line total amount is ₹347.56 (Quantity: 500, Unit Price: ₹0.69513).The calculation is: 500 × 0.69513 = ₹347.565.Oracle correctly imports the quantity and unit price, but rounds the line total to ₹347.57, resulting in a line variance.To resolve this, the business team manually adjusts the line to match the invoice total of ₹347.56.
Due to high invoice volumes, this manual adjustment process is tedious and time-consuming.
Use Case and Business Need (Required):
In the invoice image, the line total amount is