Specifies whether an invoice amount will be rounded up or down. The program uses this information together with the interval for rounding that you have specified in the Inv. Rounding Precision (LCY) field.
You can use this field if your program is set up to round invoice amounts. The contents of this field determine whether the invoice amount to be rounded will be rounded up or down to the nearest interval as specified in the Invoice Rounding Precision field.
To see the available options, choose the field.
Nearest | The program will round up digits that are >=5. Otherwise, the program will round down. |
Up | The program will round the amount up. |
Down | The program will round the amount down. |
See the following examples for rounding types:
If you have inserted 1.00 in the Invoice Rounding Precision field, the amounts 1.25 and 1.75 will be rounded for the various options as follows:
Nearest:
1.25 will be rounded down to 1.00.
1.75 will be rounded up to 2.00.
Up:
1.25 will be rounded up to 2.00.
1.75 will be rounded up to 2.00.
Down:
1.25 will be rounded down to 1.00.
1.75 will be rounded down to 1.00.
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