David Tran Point of Sale Published: 12/16/20 Hits: 31

Cash Rounding is required when the lowest physical denomination of currency, or the smallest coin, is higher than the minimum unit of account.

For example, some countries require their companies to round up or down the total amount of an invoice to the nearest five cents, when the payment is made in cash.

Each point of sale in Odoo can be configured to apply cash rounding to the totals of its bills or receipts.

Note

This feature will soon be added to Odoo. We are currently working to make it available for all supported versions as soon as possible.

Configuration

Go to `Point of Sale --> Configuration --> Settings` and enable Cash Rounding, then click on Save.

media/cash_rounding01.png


Go to `Point of Sale --> Configuration --> Point of Sale`, open the point of sale you want to configure, and enable the Cash Rounding option.

To define the Rounding Method, open the drop-down list and click on Create and Edit.


Define here your Rounding Precision, Profit Account, and Loss Account, then save both the Rounding Method and your Point of Sale settings.

media/cash_rounding02.png


All total amounts of this point of sale now add a line to apply the rounding according to your settings.

media/cash_rounding03.png


Note

Odoo Point of Sale only support the Add a rounding line rounding strategies and Half-up rounding methods.