The cash rounding feature allows you to choose different rounding denominations and rules depending on your country’s currency. Once cash rounding is configured, Retail POS will round the amount owed when you take a cash payment.
Setting up cash rounding
By default, all sales round to the nearest 0.01 (cent). Once enabled, cash rounding applies to the default Cash payment type.
- Navigate to Settings > General Options. On iPad, click the Manager tab to access Settings.
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In the Cash rounding section, check the Enable cash rounding box.
If Retail POS detects a custom receipt template that wouldn’t display cash rounding, a banner prompting you to update your receipt template will appear. You’ll need to adjust your print templates and display cash rounding information on your receipts.
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Select the smallest cash denomination of your country’s currency. Your currency will determine the default rounding rule and cash denominations.
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Select an option from the Rounding rule dropdown. This controls how denominations are rounded for cash payments.
- Click Save Changes. The rounding rule will now be applied when you make a cash sale.
Making sales with cash rounding
When processing a sale with cash rounding enabled, Retail POS will display the correctly rounded amount. For example, if you selected the 0.10 cash denomination and the Round midpoint up rounding rule, a cash sale for $20.34 will be rounded to $20.30.
After completing the payment, the correctly rounded amount ($20.30) and the amount of rounding included in the sale ($0.04) will appear on the sale receipt.
Reporting on cash rounding
You can review the rounded amounts and the amount of rounding included in sales in the Received (Payments), Closing Counts (Registers), and Sales & Payments Balance (Accounting) reports.