Tax amount Rounding off in R12
Hi Team,
I have set tax configuration setup for my tax name service tax as below from Tax manger responsibility.
Minimum accountable unit : 1
Rounding Rule : Nearest
Tax Precision 0
When I calculate tax in AR it should be rounded to nearest rupee but system is calculating as shown below
Transaction Amount : 112115.00
Tax Amount
Service tax: 10% Amount: 11211.50
Edu cess : 1% Amount: 112.12
She cess : 2% Amount: 224.23
Is there any other setup used to round off the tax amount?