Rounding invoice amounts

**TheFaQQer** · 26 February 2008, 15:39

.5 and above, round up.
below .5 round down.

**Ardesco** · 26 February 2008, 15:44

What do they teach in schools these days??? :P

**Gonzo** · 26 February 2008, 22:38

Originally posted by Ardesco View Post

What do they teach in schools these days??? :P

If you didn't learn it in school, then just set the cell in Excel to round to two decimal places and then it will do the calculation for you.

hth

**BrowneIssue** · 27 February 2008, 09:53

Originally posted by kiboomiz View Post

Hardly the most important accounting question I know, but if after calculating VAT the total invoice amount comes out as, say, £8019.375 do you round the pence amount up or down?

Thanks!

I think you all missed the point.

Congratulations on your £6,825 (+ VAT) invoice, kiboomiz.

**chicane** · 27 February 2008, 10:29

Originally posted by BrowneIssue View Post

Congratulations on your £6,825 (+ VAT) invoice, kiboomiz.

£325/day.
Not bad.

**Sockpuppet** · 27 February 2008, 10:59

Originally posted by chicane View Post

£325/day.
Not bad.

How you work that out?

Could be per week

**TheFaQQer** · 27 February 2008, 11:28

Originally posted by BrowneIssue View Post

I think you all missed the point.

Congratulations on your £6,825 (+ VAT) invoice, kiboomiz.

I assume that you only worked for a couple of minutes for that.

Threaded

Rounding invoice amounts