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How to roundoff tax amount?

This is a discussion on How to roundoff tax amount? within the Oracle Apps forums, part of the ERP category; Dear OM Gurus, My customer has a requirement in Tax Calculation. The calculated tax amount should not have any decimals. ...

  1. #1
    merlinrajesh is offline Merlin Rajesh Array
    Join Date
    Mar 2007
    Location
    India
    Answers
    9

    How to roundoff tax amount?

    Dear OM Gurus,

    My customer has a requirement in Tax Calculation. The calculated tax amount should not have any decimals. It should be rounded off. How to do it?

    Thanks & Regards
    Merlin Rajesh


  2. #2
    merlinrajesh is offline Merlin Rajesh Array
    Join Date
    Mar 2007
    Location
    India
    Answers
    9
    Dear Friends,

    Got the solution for this.

    Navigate to OM>Setup>Customers>System Options

    There in the tax tab, we have a field called Rounding Options>Precision set to zero.

    Thanks & Regards
    Merlin Rajesh


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