How does rounding between cost precision and GL currency precision get accounted
Summary:
We purchase items in large quantities with 4-decimal cost precision and later sell them one unit at a time through Order Management. Since the ledger currency uses 2 decimal precision, we want to understand how Fusion handles the rounding differences and where the adjustment is accounted.
Content (please ensure you mask any confidential information):
Example scenario:
Purchase transaction:
Quantity: 100,000Unit Cost: 1.2345Total Inventory Value: 123,450
Items are then sold one unit at a time through Sales Orders.
Since the currency precision is 2 decimals, the accounting for each issue may round the unit cost to 1.23.
Potential result after selling all units:
Inventory valuation reduction = 123,450
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