In the following article, we will show you how to configure the system so that no penny rounding difference occurs when generating a final invoice with an advance payment deduction from a purchase order.
Example of invoice generation with a penny rounding difference:
The way to prevent the generation of a tax document with the penny rounding difference shown above is to "configure VAT correction in the document type for Purchase Orders and the Invoice type".
1. Open the document type – Purchase Order and check the "VAT Correction" field.
2. Open the document type – Sales Invoice and check the "VAT Correction" field.
3. This invoice document type (with VAT correction) must be selected in the purchase order.
4. Create the tax document from the purchase order using the SERVICES function – "Create Sales Invoice".
The VAT summary shows a tax base and VAT amount of = 0.00