How do we enable advanced currency precision and rounding behavior per currency?

SAP Ariba Purchasing and Receiving

• The issue occurs due to incorrect configuration of advanced currency precision handling parameters.
• Missing or incorrect data in the CurrencyInfo.csv file can lead to unexpected behavior in currency and rounding setting

Feature toggle :

1. CF-2812 (Advanced Precision Handling) enabled by default for all sites.
2. PL-24726 (Advanced Precision Handling For European Locales) > To enable this feature a Designated Support Contact (DSC) should file a Case.

Intelligent Configuration Manager (ICM ) Parameters:

A member of the Customer Administrator group set the following parameters

1. Application.Base.AdvancedCurrencyPrecisionHandling
2. Application.Procure.AdvancedCurrencyPrecisionHandlingInGuidedBuying

Then, accept any data definition changes for the data import task Import Currency Information (available only in downstream) and use this task to configure precision and rounding as applicable.

A sample CurrencyInfo.csv may look like this:

UTF-8,,,,,,
Currency,Precision,Rounding,PricePrecision,AmountPrecision,TaxRounding
USD,2,ROUNDHALFUP,4,3,ROUNDCEILING
JPY,2,ROUNDCEILING,4,0,ROUNDFLOOR

SAP Help Portal: Enable advanced currency precision and rounding

Core Procurement > Core Administration > Currency
Core Procurement > Core Administration > Precision & Rounding
Purchasing > Requisitioning > Currency Conversion