Currency rounding

Currencies typically use 0, 1, 2, or 3 decimal places.

The requirement is to round cash sale invoice values to the nearest multiple of the smallest currency denomination. Rounding is required where a currency's low denomination coins have been withdrawn, but the currency’s subdivisions remain the same. If payment is tendered using non-cash methods, no rounding is required. Various rounding interval standards apply.

Netherlands specifics

None

How Infor meets this requirement

See Currency setup in Financials Setup and Administration Guide.