Base Amount calculation
Hi team,
Kindly Need confirmation, for the peoplesoft system, usually transactions can only be uploaded with 2-digit decimal rounding.
If we check the rate menu, the rate has more than 2 digits.
Want to confirm for the calculation process in the PSGL system whether:
1. Transaction amount x rate (what is there according to what is in the market rate menu) = Base Amount.
from the result of this multiplication, then it is rounded into 2-digit rounding.
Or
2. Transaction amount x rate (the rate is rounded to a 2-digit decimal) = Base Amount.
when is the rounding process take place?
any feedback is much appreciated.