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Request for additional decimal in tax calculation

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We are configuring tax calculations in our D365 Finance environment, where we handle transactions between multiple currencies. In particular, we are billing a customer in USD while accounting in the local currency (COP). We noticed that tax calculation only considers two decimal places when converting between transactions and accounting/reporting currencies.

For example, a tax amount calculated as $45.45 USD would be more accurate if the system considered a more precise value, as $45.448, based on the exchange rate (e.g., 4168). Is there a standard parameter or configuration in D365 Finance that allows for more decimal places in tax calculations during currency conversion or is there any recommended approach or customization for this scenario?

  • Suggested answer
    BillurSamdancioglu Profile Picture
    BillurSamdancioglu 14,122 Most Valuable Professional on at
    Request for additional decimal in tax calculation
    Hi,
     
    OOB, there isn't decimal parameter for only tax calculation.
     

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