Cash Rounding Factor

Enter the rate in which to round cash figures. If the final invoice is required to be rounded up/down, the Cash Rounding Factor should be entered. If this factor is greater than zero, then a new Cash Only flag is prompted for on the Billing Terms form.

If a customer order is entered with a billing term with the Cash Only flag is set to Yes, then the final invoice is rounded to the nearest Cash Rounding Factor amount. The special rounding calculation is only performed as regular, credit memo, or adjustment invoices are printed and posted.

This rounding is not made anywhere else in the system. It does not apply to Progressive Billing invoices, nor is it done when computing the order total price or the To Be Invoiced Report.