Specifies the size of the interval to be used when rounding amounts in your local currency. You can also specify invoice rounding for each currency in the Currency table.
For example:
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1.00 Round to whole numbers (no decimals - divisible by 1.00)
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0.05 Round to a number divisible by 0.05
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0.01 No rounding (ordinary currency decimals)
When an invoice amount is rounded, the program creates an invoice line that includes the rounded amount. The invoice amount after rounding can be seen before posting the invoice in the Sales Statistics or Purchase Statistics window.
To specify invoice rounding for a foreign currency, fill in the fields as follows:
Invoice Rounding Precision | Specifies the size of the interval to be used for rounding invoice amounts. |
Specifies how to round the amount, for example up or down. | |
Invoice Rounding in the Sales & Receivables Setup window or the Purchases & Payables Setup window. | Specifies whether you want the program to use invoice rounding as you have defined it in the two fields mentioned above, for sales invoices and purchases invoices. |
Invoice Rounding Account in the Vendor Posting Group window or the Customer Posting Group window. | Specifies the general ledger account number to which the amount that results from invoice rounding will be posted. |
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For more information about how to work with fields and columns, see Work with Data. For more information about how to find specific pages, see Search. |