diff --git a/erpnext/accounts/doctype/bank_transaction/bank_transaction.py b/erpnext/accounts/doctype/bank_transaction/bank_transaction.py
index de796be8df7aee1b0db8696bb6611853120de035..1363373e0e82678b0e7b9d170d3a5bde30e099fa 100644
--- a/erpnext/accounts/doctype/bank_transaction/bank_transaction.py
+++ b/erpnext/accounts/doctype/bank_transaction/bank_transaction.py
@@ -248,31 +248,20 @@ class BankTransaction(StatusUpdater):
 		frappe.get_doc(payment.payment_document, payment.payment_entry).set_status(update=True)
 
 	def set_allocation_in_bank_transaction(self):
-		allocated_amount = flt(
-			sum(
-				[
-					flt(x.get("allocated_amount", 0)) * (1 if x.get("payment_type") == "Debit" else -1)
-					for x in self.payment_entries
-				]
-			)
-			if self.payment_entries
-			else 0,
-			self.precision("allocated_amount"),
+		allocated_amount = sum(
+			[
+				flt(x.get("allocated_amount", 0)) * (1 if x.get("payment_type") == "Debit" else -1)
+				for x in self.payment_entries
+			]
 		)
 
 		transaction_amount = flt(self.credit) - flt(self.debit)
 
-		self.allocated_amount = (
-			flt(allocated_amount, self.precision("allocated_amount")) if allocated_amount else 0
-		)
-		self.unallocated_amount = (
-			flt(flt(transaction_amount) - flt(allocated_amount), self.precision("unallocated_amount"))
-			if allocated_amount
-			else flt(transaction_amount, self.precision("unallocated_amount"))
-		)
+		self.allocated_amount = allocated_amount
+
+		self.unallocated_amount = transaction_amount - allocated_amount
 
-		if self.unallocated_amount == 0.0:
-			self.status = "Reconciled"
+		self.round_floats_in(self, ["allocated_amount", "unallocated_amount"])
 
 	def check_reconciliation_amounts(self):
 		for payment_entry in self.payment_entries: