Round off
This query is : Resolved
16 February 2012
Hi, In sales invoice of a party, it shows the net amount in decimal figures. For e.g. 1225.25 or something like that. But I don't want any decimal amount, I want to round it off to something like 1225.
More clearly, For "A" party, X item 5 qty 100 rate = 500 - disc 10% = 450
Y item 5 qty 100 rate = 500 - disc 12.5% = 437.5
Total amount in the invoice is = 887.5
Now I want to round it off to 888...how I can do that? Any help would be appreciable....
Hi, In sales invoice of a party, it shows the net amount in decimal figures. For e.g. 1225.25 or something like that. But I don't want any decimal amount, I want to round it off to something like 1225.
More clearly, For "A" party, X item 5 qty 100 rate = 500 - disc 10% = 450
Y item 5 qty 100 rate = 500 - disc 12.5% = 437.5
Total amount in the invoice is = 887.5
Now I want to round it off to 888...how I can do that? Any help would be appreciable....
16 February 2012
Create a round off account under indirect expenses and you could account such round off difference in the said account..
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- CAPITAL GAIN BASE ON NOTIFICATION
- Unregistered suppliers utility
- NRI starting business in India
- ITDS U/S.194T of Firm
- GST not cancelled by tenant
- Capital gain on sale and purchase of plot
- FCRA 6 E- Intimation
- Demand Outstanding AY 2013-14 TDS Deducted not shown in 26as
- Resigning a auditor from the company for misconduct
- FORM 141 SDV query
- Taxable or Tax exempt
- How to pay remaining amount of TDS after due date?
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
