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When creating pay agreements and bill agreements in the Rates and Rules module> Pay Agreements and Rates and Rules > Bill Agreements, you have the ability to set rounding on Pay Rate Rules and Bill Rate Rules, whereby the rounding on each rule can be different. That rounding is applied to the total of the Pay Rate Rule or Bill Rate Rule, as calculated by the Interpreter.
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The rounding that applies to the calculated result of pay and bill calculations for standard rates job orders is determined by rounding settings that are configured in Maintenance > Hierarchy > Country > Middle/Back Office Country Settings > Pay Batch and Standard Rate Rounding. Those rounding settings also apply to the following:
For more information about the pay batch and standard rate rounding settings, see Middle and Back Office Country Settings - Rounding Settings. |
Billing Maintenance
When creating a Billing Company, you must define the rounding settings that apply to that particular billing company. There are Billing company rounding settings, which are defined under Billing > Maintenance > Billing Company > Billing Company Entry > Rounding, define how six different billing item types for which a are to be rounded whereby each item type can have a different rounding type and rounding value must be defined, as described in the table below.
The table below lists and describes the billing item types.
Item Type | Description |
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Invoice Item Sub Total (Excluding Tax) | This is the total of the rate x quantity for an item |
Invoice Item Tax Total | The is the total of the tax only for that item |
Invoice Item Total (Including Tax) | This is the total of the two previous fields; rate x quantity + tax |
Invoice Sub Total (Excluding Tax) | This is the total of all invoice items excluding tax |
Invoice Sub Total (Including Tax) | This is the total invoice value; all items and tax |
Invoice Tax Total | This is the total tax for the invoice |
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When creating an invoice or payslip formats in Maintenance > Document Designer > Document Formats there are several fields that allow for rounding. This rounding is for display purposes only.
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System Configuration Area | Rounding |
Pay / Bill Agreements: Pay Rate Rules Bill Rate Rules |
6 decimal places 6 decimal places
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Billing Company: Invoice Item Sub Total (Excluding Tax) Invoice Item Tax Total Invoice Item Total (Including Tax) Invoice Sub Total (Excluding Tax) Invoice Sub Total (Including Tax) Invoice Tax Total |
6 decimal places 6 decimal places 6 decimal places 2 decimal places 2 decimal places 2 decimal places
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Document Formats: All Rates and totals The ideal setting is 6 decimal places however for formatting and display purposes you may want to round to 4 for the rate and 2 for the totals. Rate, Quantity and Invoice Item Sub-totals | 4 decimal places |
Middle/Back Office Country Settings: Rounding |
6 decimal places (rounding here should always match what you have set on Pay and Bill Rate Rules)
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