Rounding in Incoming payment

[Former Member]

Dear All,

Can anyone help me how to manage the below mentioned scenario. I am using 8.8 PL 16

User want to enter the rounding amount while making incoming payment since the check payment received from customer has decimal values. The entry is as shown below.

2 Invoices are raised for Customer

Inv1 ******************* 8298

Inv2 ******************* 13501

Total******************** 21799

Incoming Cheque amount received from customer 21798.04

there is difference of 0.96 paise this amount the user adjust in Rounding off account in legacy system.

I am not able to manage this in incoming payment

There are many case with such scenario which has holded our bank transaction.

Please suggest solutionfor the same.

[K_Pauquet · Accepted solution]

Hi Prince.21

you could use the over/underpayment functionality under Administration -> Set up -> Financials -> Currencies & allow an over/underpayment amount of 0.99.

All the best,

Kerstin

[Former Member]

Hi,

Rounding is applying to the last decimal only. In your case, it can not be handle by rounding. You need a Credit Memo for that .96.

Thanks,

Gordon