VTIPAR - Rounding parameters

SAP Transaction Code - Details

• Transaction Code: VTIPAR

  Description: Rounding parameters

  Release: S/4HANA only

• • Program:

    Screen: 0

    Authorization Object:

  • Development Package: FVVI

    Package Description: R/3 appl.dev. for Financial Assets Management: Real estate

    Parent Package: APPL

  • Module/Component: RE

    Description: Real Estate Management

Smart SAP Assistant

• SAP Tcode: VTIPAR - Rounding parameters

  
  Overview:
  The SAP transaction code VTIPAR is used to set the rounding parameters for the calculation of taxes in the SAP system. This transaction code is used to define the rounding rules for tax calculations, such as the number of decimal places to be used and the rounding method. 
  
  Functionality: 
  The VTIPAR transaction code allows users to define the rounding parameters for tax calculations in the SAP system. This includes setting the number of decimal places to be used and the rounding method. The rounding parameters can be set at a global level or at a country-specific level. 
  
  Step-by-step How to Use: 
  1. Enter transaction code VTIPAR in the command field. 
  2. Select “Global Settings” or “Country Settings” depending on your requirements. 
  3. Select “Rounding Parameters” from the menu. 
  4. Enter the desired number of decimal places and select a rounding method from the drop-down list. 
  5. Click “Save” to save your changes. 
  
  Other Recommendations: 
  It is important to ensure that all users are aware of any changes made to the rounding parameters, as this may affect their calculations and results. Additionally, it is recommended that users regularly review and update their rounding parameters to ensure accuracy and consistency in their tax calculations.