TWD decimal point issue

[dlistunov]

Dear Gurus,

Currency codes and decimal places are defined in the ISO-4217 standard. According to this standard, the Taiwanese Dollar (TWD) is expected to have two decimal places. However, the current configuration in the standard SAP TCURX table does not reflect this.

From a business perspective, the smallest denomination of coins in circulation in Taiwan is NT$1, as the Central Bank does not issue physical cents. Nevertheless, it is common practice to use "virtual" cents when determining unit prices and it is common to use "virtual" cents on invoices.

Is there a specific reason why the SAP standard does not align with ISO-4217 for TWD? What steps can be taken to address this issue?

Thank you and regards,

Dmitriy Listunov. 

[sumesh_gupta]

Hello @dlistunov if a currency is not maintained in table TCURX by default 2 decimals applicable on same you can check EUR/USD/GBP etc also not maintained if you want to follow for some currency other than 2 decimals you need to maintain same in TCURX table with decimals 3, 4 or 5.

Regards,
Sumesh Gupta