E-Business Tax (MOSC)

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Tax rounding set up help

edited Nov 11, 2015 10:01AM in E-Business Tax (MOSC) 1 commentAnswered

We have invoice with 2 lines. Tax rate at 19% and unit price inclusive tax.

Line 1: 59.90, tax amount = 9.56

Line 2:  4.90, tax amount = 0.78

Total tax amount is 10.34.

We would like have tax line with 4 decimal places, and round the total tax value to 2 decimal places

We would like to achieve as following

Line 1: 59.90, tax amount = 9.5639

Line 2:  4.90, tax amount = 0.7824

Total tax amount is 10.35.

We have set up the following at tax level:

Minimum Accountable Unit = 0.001

Rounding Rule = Nearest

Tax Precision = 4

Configuration Owner Tax Option's Rounding Precedence Hierarchy

Rounding Precedence 1 = Bill From Party

Default Rounding Level = Header

Please advise.

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