Round Off Invoice Amountby Cybrosys Techno Solutions https://www.cybrosys.com
Round Off Invoice Amount
Rounding on Invoice Amount
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.
Create separate journal entries for the rounded amounts
Rounding of invoice amount
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'
Hire Odoo Developers
Easily procure and sell your products.
Plan, track and schedule your operations.
Run your bar or restaurant methodical.
Easy configuring and convivial selling.
E-commerce & Website
Mobile friendly, awe-inspiring product pages.
An all-inclusive hotel management application.
A Collaborative platform for educational management.
Keep track of services and invoice accordingly.
Please log in to comment on this module
- The author can leave a single reply to each comment.
- This section is meant to ask simple questions or leave a rating. Every report of a problem experienced while using the module should be addressed to the author directly (refer to the following point).
- If you want to start a discussion with the author, please use the developer contact information. They can usually be found in the description.
Looks 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.