Inv. Rounding Type (LCY) Field, General Ledger Setup Table

Specifies whether an invoice amount will be rounded up or down. The program uses this information together with the interval for rounding that you have specified in the Inv. Rounding Precision (LCY) field.

You can use this field if your program is set up to round invoice amounts. The contents of this field determine whether the invoice amount to be rounded will be rounded up or down to the nearest interval as specified in the Invoice Rounding Precision field.

To see the available options, choose the field.

Nearest

The program will round up digits that are >=5. Otherwise, the program will round down.

Up

The program will round the amount up.

Down

The program will round the amount down.

See the following examples for rounding types:

If you have inserted 1.00 in the Invoice Rounding Precision field, the amounts 1.25 and 1.75 will be rounded for the various options as follows:

Nearest:

1.25 will be rounded down to 1.00.

1.75 will be rounded up to 2.00.

Up:

1.25 will be rounded up to 2.00.

1.75 will be rounded up to 2.00.

Down:

1.25 will be rounded down to 1.00.

1.75 will be rounded down to 1.00.

Tip

For more information on how to work with fields and columns, see Work with Data. For assistance in finding specific pages, see Search.

Parent Tables

Table Location
Global Dimension 2 Code Field, General Ledger Setup Table General Ledger
Global Dimension 2 Code Field, General Ledger Setup Table General Ledger
General Ledger Setup Table General Ledger
Global Dimension 2 Code Field, General Ledger Setup Table General Ledger
General Ledger Setup Table General Ledger
Global Dimension 2 Code Field, General Ledger Setup Table General Ledger

See Also

Reference

General Ledger Setup