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
- Price inclusive or exclusive of GST while made entry in P& L Account
- Gst registered proprietorship firm
- TDS Challan - change of FY 2025-26 to TY 2026-27
- Dep. as per companies act
- Minimum tax payable to file Updated return
- Applicability of GST on Salary Reimbursement Component
- AUDITOR APPOINTMENT FOR THE YEAR ENDING MARCH 27
- SALARY CAN BE CAPITALIZE
- TDS on purchase of under construction property from a reseller
- GST ISSUE OF INPUT AND OUTPUT GST
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Starting trading business
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
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
Quick Links
Featured
11 September 2026
Audit Executive
RBSM Corporate Advisors Private Limited
Pune
CA
View Details
09 September 2026
SENIOR AUDITOR & ACCOUNTS MANAGER
Anupam Parashar & Co.
Ghaziabad
CA Final
View Details
CCI
Pro
CAclubindia
