Round Off amount

It can either be in "Indirect Expenses" or "Indirect Incomes" in the P & L A/c. depending upon whether there is credit balance or debit balance.

As u want to create rouding off account for the purpose of rouding of the sales figure, it may be grouped under Direct Expenses/Income.

Thanks Sandeep and Vibhash

Should I create Two RoundOff accounts for each balance type (debit/credit) to put in Direct/Indirect   Incom/Expenses

-RoundOff (Up)

-RoundOff (Down)

It is not sure that at the end of Financial Period what type of balance will be (debit or credit).

I want to see the ledger of RoundOff at any time

What I should I do

Thanks

 if you are using tally then you can use to open in any where direct or indirect -in last of year-------------------you can adjust as per the case may be and-----------only one round off a/c will be open -----------------and in last it will be merged in discount paid or received a/c as such income tax  as no such type of a/c allowed 

Thanks to all of you for helping me.