Fusion Tax – Need Higher Precision for Tax Base Modifier (Support 11/12 Fraction) — Cloud Customer Connect
You're almost there! Please answer a few more questions for access to the Applications content. Complete registration
Interested in joining? Complete your registration by providing Areas of Interest here. Register

Fusion Tax – Need Higher Precision for Tax Base Modifier (Support 11/12 Fraction)

Tax Base Modifier in Fusion Tax only supports 3 decimals. Currently system applies -8.333, while business requires exact 11/12 (≈ -8.333333…). The rounding causes discrepancies in tax base and journal postings.

Business Requirement:
Local tax regulation requires precise allocation using 11/12. Current 3-decimal limitation creates compliance and reconciliation issues.

Expected Behavior:
System should support higher precision (e.g., 6 decimals) for Tax Base Modifiers so fraction 11/12 can be applied exactly and journals posted accurately.

Impact:

  • Incorrect tax base amounts
  • Inaccurate journals
  • Compliance risk

Request:
Kindly guide if higher decimal precision can be enabled for Tax Base Modifiers, or provide a workaround to achieve exact 11/12 allocation.

Howdy, Stranger!

Log In

To view full details, sign in.

Register

Don't have an account? Click here to get started!