Override Currency Decimal Precision
Security:
Set Up: Currencies
domain in the Common Financial Management functional area.Currency precision can range from zero decimals to three decimals. You can override Workday-delivered decimal precision in currency at the tenant level when recording transactions, enabling you to comply with requirements for these currencies:
- Chilean Peso(CLP)
- Colombian Peso(COP)
- Czech Koruna(CZK)
- Hungarian Forint(HUF)
- Indonesian Rupiah(IDR)
- Indian Rupee(INR)
- Jordanian Dinar(JOD)
- Romanian Leu(RON)
- Tunisian Dinar(TND)
- New Taiwan Dollar(TWD)
- Special Drawing Right(XDR)
- Access theMaintain Currency Precision Overridetask.
- Select 1 or more currencies.
- Select the:
- Overridecheck box to enable theOverride Currency Precisioncolumn. When you change the decimal precision for unposted transactions, you can still post the transactions but will get an error when you try to edit them.
- Inactivecheck box when you no longer need to override the Workday-delivered decimal precision.
Workday records transactions based on the configured decimal precision for operational transactions and journals when you:
- Enter a transaction amount.
- Convert transaction amounts to the ledger currency.