1 Reply Latest reply on May 25, 2011 10:53 AM by S.PDASH

    Requisition Lines price decimal precision

    TerryChen
      Dear All,
           I enter a price in Requisition Lines as follow:
      
             Price             Price (SGD)       Amount (SGD)
      -------------------------------------------------------------------------
          120USD      151.524962766302          151.52
      It is expected that the price will appear as 151.52 rather than 151.524962766302


      My environment is: ORACLE R12.1.3


      Regards
      Terry
        • 1. Re: Requisition Lines price decimal precision
          S.PDASH
          Hi Terry,
          Your issue seems to be related to Price and linked to GL Currency conversion and rounding. Basically you are creating a requisition with foreign currency and don't want to restrict the rounding to 2 decimal places.

          You can address this issue by setting up the precision under Currencies setup of GL for SGD (GL --> Setup --> Currencies --> Define --> Change Precision as per your requirement) . But the risk is, this change in precision will affect across all modules. It is widely accepted to use rounding to 2 decimal places.

          Choice is yours. :)

          Kind Regards,
          S.P DASH