Receivables - EBS (MOSC)

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Tax amount Rounding off in R12

edited Oct 8, 2011 5:50PM in Receivables - EBS (MOSC) 4 commentsAnswered

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?


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