Round Off Invoice Amount

Round Off Invoice Amount

Rounding on Invoice Amount

Cybrosys Technologies

Overview

In any business, rounding of invoice amount is a necessary feature. By default, Odoo ERP doesn't support this feature. But the 'Round off Invoice Amount' app from Cybrosys allows you to round off the invoice amount to the nearest whole amount by excluding the decimal parts. This application also supports you to create separate journal entries for the rounded amounts, which can assure the amount is balanced.

Features

Create separate journal entries for the rounded amounts

Rounding of invoice amount

Screenshots

Goto Accounting -->Settings -->Round Off Tick the 'Allow rounding of invoice amount' option.

Don't forget to add the Round off Account (Journal entry corresponding to write off amount will be passed to this account)

Goto Accounting –>Customer Invoices -->Create

Here, the 'Total amount' is the actual amount. 'Amount Due' is the amount after rounding off the decimal parts and it is the one customer needs to pay.

Goto Accounting –>Customer Invoices –>Invoice –>Other Info -->Journal Entry

As you can see in the picture a special journal entry is passed to balance the amount.

Goto Accounting –>Journal Items-->Search: 'Round Off'

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Our Industries

Trading

Easily procure and sell your products.

Manufacturing

Plan, track and schedule your operations.

Restaurant

Run your bar or restaurant methodical.

POS

Easy configuring and convivial selling.

E-commerce & Website

Mobile friendly, awe-inspiring product pages.

Hotel Management

An all-inclusive hotel management application.

Education

A Collaborative platform for educational management.

Service Management

Keep track of services and invoice accordingly.