Round Off Invoice Amount

by
Odoo
v 10.0 Third Party 831
Download for v 10.0 Deploy on Odoo.sh
Required Apps Invoicing (account)
Technical Name round_off_invoices
LicenseAGPL-3
Websitehttps://www.cybrosys.com
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Required Apps Invoicing (account)
Technical Name round_off_invoices
LicenseAGPL-3
Websitehttps://www.cybrosys.com
Community
Enterprise

Round Off Invoice Amount

Allows you to round off the invoice amount to the nearest whole amount

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Overview

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Features

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Screenshots

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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 – >Customer Invoices -> Create

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

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.

Round Off Labels

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

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Looks like the reversals are not taken into consideration
by
ng gopu
on 4/24/18, 2:52 AM

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.

by
Pandora Design LLC
on 12/29/17, 12:17 AM

but legally you cannot round off after applying the VAT, and that round off being not subject to VAT