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Former Member
Mar 12, 2009 at 12:08 AM

Withholding Tax Computation, Rounding Error

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Hi,

We are currenyty using UK localization and the withholding tax amount is rounding up. See computation below

1, Commercial Values

Taxable Amount 7,486.83

Multiply by Percentage 0.10

Should be Withholding 748.68

Per SAP 749.00

Difference (0.32)

2. Truncated

Taxable Amount 7,486.83

Multiply by Percentage 0.10

Should be Withholding Tax 748.68

Per SAP 748.00

Difference 0.68

We need the tax amount with 2 decimal places instead of the whole amount.

Regards,

Amy