How to Do Rounding Adjustment Setting [Purchase Module]

Created by Faradyana Azman, Modified on Thu, 8 Oct, 2020 at 10:47 AM by Faradyana Azman

Scenario: Supplier has issue a bill with amount 39.99 but final amount round-up with 0.01.


STOCK
QTYUNIT PRICEAMOUNTTAX CODETAX RATENET AMT.
AMD XP 1800139.9939.99TX66%42.40


When key-in on QnE Delphi will have 0.01 different.


Solution:

1. Create a services item to add a rounding adjustment.

    First go to Chart of Account to create rounding adjustment account under expenses.


2. Goto Stock > Stock Posting Account Preset


3. Create and insert the detail as below then save.


4. GOTO Stock > Service Items

Create Services Item:

(i) Insert Stock Code

(ii) Insert Stock Name

(iii) Select Stock Preset Posting Account

(iv) Save



5.  Insert stock code ‘ROUNDING DJUSTMENT’ and MUST insert:

     -QTY (ROUND OF JUST NEED TO ADD (-) SIGN ON QTY COLUMN)

     -UNIT PRICE


REMARK:

ROUNDING ADJUSTMENT WAS NOT ADVISABLE TO USE IN SALES MODULE


Done. Thanks


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