Announcements
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?
André Arnaud de Cal... 291,359 Super User 2024 Season 2
Martin Dráb 230,370 Most Valuable Professional
nmaenpaa 101,156