Required Apps |
Invoicing (account)
|
Technical Name |
round_off_invoices |
License | AGPL-3 |
Website | https://www.cybrosys.com |
Required Apps |
Invoicing (account)
|
Technical Name |
round_off_invoices |
License | AGPL-3 |
Website | https://www.cybrosys.com |

Round Off Invoice Amount
Allows you to round off the invoice amount to the nearest whole amount

Explore this module
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
Allow rounding of invoice amount from the settings
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)

Accounting â >Customer Invoices -> Create
Goto Accounting â>Customer Invoices -> Create. Rounded off total and amount is shown.

Total Amount & Amount Due Is Shown
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.

Accounting â> Customer Invoices â> Invoice â> Other Info -> Journal Entry
Goto Accounting â> Customer Invoices â> Invoice â> Other Info -> Journal Entry As you can see in the picture a special journal entry is passed to balance the amount.

Round Off Labels
Goto Accounting â> Journal Items -> Search: 'Round Off'.

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Any abuse of this reporting system will be penalizedLooks like the reversals are not taken into consideration
On making a refund invoice the rounded off value in the 'round' off account' of the invoice to be refunded should be reversed I think, this is not happening now.
but legally you cannot round off after applying the VAT, and that round off being not subject to VAT