Invoice-level rounding example
This document provides an example of how the invoice-level rounding feature adjusts invoice totals by rounding to the nearest specified increment.
The following example is used to explain how the invoice-level rounding feature works.
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You work with currencies that do not round to the nearest cent (for example, Swiss francs are typically rounded to the nearest 5 cents). In the Customize Currencies billing setting, you set Rounding Increment to 0.05 , and Rounding Mode to Up.
Before the invoice-level rounding feature is enabled, you generate an invoice with the following 2 invoice items from a bill run.
Net Amount |
Tax |
Processing Type | |
---|---|---|---|
Invoice Item 1 |
1 |
0.11 |
|
Invoice Item 2 |
1.01 |
0 |
|
Invoice Total Amount |
2.12 (1+0.11+1.01+0) |
Net Amount |
Tax |
Processing Type | |
---|---|---|---|
Invoice Item 1 |
1 |
0.11 |
|
Invoice Item 2 |
1.01 |
0 |
|
Invoice Item 3 |
0.03 |
0 |
|
Invoice Total Amount |
2.15 (1+0.11+1.01+0+0.03+0) |