Solved

currency rounding limit in currencies form

  • 22 July 2022
  • 2 replies
  • 173 views

Userlevel 6
Badge +5

How does the currency rounding limit work? The format is kind of confusing. Can anyone explain the format for this field and what it does?

 

icon

Best answer by Laura02 25 July 2022, 13:55

View original

2 replies

Userlevel 5
Badge +2

https://help-2022r1.acumatica.com/(W(16))/Help?ScreenId=ShowWiki&pageid=e9f4338e-95d4-424a-97e1-42542bd3328e

Rounding Limits mentioned in Rounding Setup.

 

Badge +18

There is a typo in this help article, which may be what makes it so confusing.

 

The limit is meant to keep the amount gained or lost by rounding low. We may want to round currency differences to nearest “penny” in the US (.01), and therefore our rounding limit might be .01… meaning the most the system can round up or down to reach the next penny is our Rounding Limit in this case.

If we are rounding to the nearest Dollar, 1.0 is the Rounding Precision and $.50 should be an adequate rounding limit to go up or down to the nearest dollar.

 

 

Reply


About Acumatica ERP system
Acumatica Cloud ERP provides the best business management solution for transforming your company to thrive in the new digital economy. Built on a future-proof platform with open architecture for rapid integrations, scalability, and ease of use, Acumatica delivers unparalleled value to small and midmarket organizations. Connected Business. Delivered.
© 2008 — 2024  Acumatica, Inc. All rights reserved