In Visma Net, rounding is determined by parameters that define the rounding rule, rounding
precision, and rounding limit. You use the following windows to specify these
settings:
- Customer ledger preferences (AR101000): You use this
window to specify the rounding rule and the precision that apply to the customer ledger
documents of the following types: Invoice, Credit note,
Debit note, Overdue charge, and Cash sale.
- Suppliers (AP303000): You use this
window to specify the rounding rule and the precision that apply to the supplier ledger
documents of the following types: Invoice, Credit adjustment, Purchase debit note, and Prepayment.
- General ledger preferences (GL102000): You use this
window to specify the system-wide rounding limit (the maximum rounding
difference, which is the difference between the rounded and original
document amount).
The system applies rounding rules to documents in all currencies (base and
foreign). The rounding limit is set in the base currency but is applied to
documents in foreign currencies as well. The system always recalculates the
amounts of an invoice in a foreign currency to amounts in the base currency of
your system, including the rounding difference. The system compares the rounding
difference recalculated to the base currency with the rounding limit, and issues
a warning if the limit is exceeded.
The rounding difference should be recorded to specific rounding gain and loss
accounts. Depending on the policies established in your company, you can use a
single gain account and a single loss account (and the corresponding
subaccounts, if applicable) to be used for all currencies, or you can use
different gain and loss accounts (and corresponding subaccounts) for each
currency used by your company.
You use the General ledger preferences (GL102000) window to
specify the rounding gain and loss accounts (and subaccounts, if enabled in your
system) for the base currency, and you use the Currencies (CM202000) window to specify the
gain and loss accounts and subaccounts for each of the foreign currencies used
by your customers and suppliers.