Question

Net amount calculation is incorrect

  • 14 December 2022
  • 1 reply
  • 66 views

Userlevel 5
Badge +9

Hi Community,

We are using IFS 8. For one Purchase order the Net amount which is calculated by system is not matching if we multiply price.curr with purchase qty(Manual net ammount calculation) ..some decimal point difference is comimg. what will be the issue.

 


1 reply

Userlevel 2
Badge +8

Hard to tell without knowing the qty applied in the given example plus the exact currency used, but would like to mention that Price/Curr value is first get rounded to 0 or 2 decimals (corresponding to currency e.g.: USD goes up to 2 decimals to show cents) before multiple by the curr rate and the quantity.

But in a Arabic extension, it can goes up to 3 decimals since a Currency -Dinar can be divided to three decimals. The ruling values can be found in the below table.

 

 

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