Visma Net
Set up document amount rounding
Your company policy or local regulations may require that you round the amounts on invoices.
For more information, see: About rounding of document amounts.
You set up the rounding rules and rounding precision for supplier ledger invoices by using the Supplier ledger preferences (AP101000) window, and for customer ledger invoices by using the Customer ledger preferences (AR101000) window.
Before you proceed
- In the Enable/disable functionalities (CS100000) window, make sure that the
Invoice rounding check box is selected, which
indicates that the functionality is enabled.
For details, see: About enabling functionalities. - Make sure the rounding gain and loss accounts (and subaccounts), if they are used in your system) for the base currency are specified in the General ledger preferences (GL102000) window, and that the accounts and subaccounts for each foreign currency used by your customers and suppliers are specified in the Currencies (CM202000) window.
Set up rounding rules for supplier ledger invoices
- Go to the Suppliers (AP303000)window.
-
If you want to enter the rounding amount manually, select the Enter rounding amount manually check box.
-
If you want to use automatic rounding, go the Rounding for invoices field and select one of the
- In the Rounding rule for invoices field, select one of the
following rules to be used to round the totals of supplier ledger invoices:
- Use the currency precision:
To round the total amount of each document according to the precision of the currency of the document.
With this option selected, the system will process the documents as if the document rounding feature is not enabled for supplier ledger documents. - Nearest:
To round the total amount of each document to the nearest multiple of the smallest unit selected as the rounding precision. - Up:
To round each total amount up to the next multiple of the smallest unit selected as the rounding precision. - Down:
To round each total amount down to the previous multiple of the smallest unit selected as the rounding precision.
- Use the currency precision:
- In the Rounding precision field, select the smallest unit (rounding precision) to which the totals will be rounded.
Select one of the following precision options to be used for rounding:- 0.1: To round the totals to multiples of 0.10
- 0.5: To round the totals to multiples of 0.5
- 1.0: To round the totals to integers
- 10.0: To round the totals to multiples of 10
- 100.0: To round the totals to multiples of 100
- Click
.
The system will use the same rounding precision for all currencies.
Set up rounding rules for customer ledger invoices
- Go to the Customer ledger preferences (AR101000) window.
- In the Rounding rule for invoices field, select one of
the following rules to be used to round the totals of customer ledger invoices:
- Use the currency precision:
To round the total amount of each document according to the precision of the currency of the document - Nearest:
To round the total amount of each document to the nearest multiple of the selected smallest unit selected as the rounding precision - Up:
To round each document total amount up to the next multiple of the smallest unit selected as the rounding precision - Down:
To round each document total down to the previous multiple of the smallest unit selected as the rounding precision
- Use the currency precision:
- In the Rounding precision field, select the precision to which the totals will be rounded.
Select one of the following available precision options as the smallest unit to which the amounts should be rounded:- 0.1: To round the totals to multiples of 0.10
- 0.5: To round the totals to multiples of 0.5
- 1.0: To round the totals to integers
- 10.0: To round the totals to multiples of 10
- 100.0: To round the totals to multiples of 100
- Click .
Related concepts
About Customer ledger preferences
About rounding of document amounts
Related tasks
Change the setting for automatic posting on release
Set up dunning letter mailing in the Customer ledger preferences
Set up invoice mailing in the Customer ledger preferences
Select processing options for overdue charges
Make overdue and dunning settings in the Customer ledger preferences
Select a CID for payment methods
Apply line discount to Item price or Extended item price
Set up a dunning letter mailing
Related windows
