Rounding off while posting foreign invoice to Accounts

[Former Member]

Hi,

I am facing a problem during the accounting of foreign invoices. We are setting the exchange rate in the sales order accounting tab in exchange rate field which gets passed on to the invoice. Now on converting the value to local currency the accounting entry is passed in decimals. the business wants that a rounded off value should be passed to accounting.

Ex: Invoice for 260 USD with exchange rate 1 USD=46.71INR, and the accounting entry being passed is value INR 12144.6 whereas the requirement is for 12145.

Will appreciate your response on this.

Thanks

[Former Member]

Hi

Reason and Prerequisites

u2022Your tax country is Slovakia

u2022You billed an order with several items in foreign currency,

u2022where the exchange rate factor between foreign currency and local

u2022currency is very large or very small.

u2022The accounting document created during the billing has a tax line item that contains incorrect amounts in local currency

Solution

The solution is using the same solution as note 832477 and 32477 with the difference that the country is Slovakia. For other countries you should put the variable L_LAND1 to the string that represent the country.

Limitations:

The solution will NOT lead to a recalculation of taxes in local

currency. However, it will serve to minimise any rounding differences

which may arise from converting the individual tax lines which are

transferred from SD to FI. In most practical cases, this should fulfill

the legal requirements, even though rounding differences may occur for

individual documents in special cases.

Regards

uday

[Former Member]

Hi, our country is India and not Slovakia since it is foreign invoice the entry is not relevant for taxes.the decimal places in the accounting are being passed for Debtor and Income Accounts.

[Former Member]

Dear Aashray7

please go through this path SAP netweaver - general settings - currencies - Define rounding rules for currencies

Regards

shankar

[Former Member]

Hi,

We have already maintained the currency rounding rule as suggested above in the above post still the problem remains while posting Foreign Invoices, please suggest how this addressed. Anybody who has used function module FI_ROUND_AMOUNT please suggest if this module can be used ??

Thanks