Cash rounding¶
Cash rounding is required when the lowest physical denomination of currency, or the smallest coin, is higher than the minimum unit of account.
For example, some countries require their companies to round up or down the total amount of an invoice to the nearest five cents, when the payment is made in cash.
Each point of sale in Odoo can be configured to apply cash rounding to the totals of its bills or receipts.
Configuration¶
Go to and enable Cash Rounding, then click on Save.
- menu
- Accounting ‣ Configuration ‣ Settings
- shows
- The Accounting settings with the "Cash Rounding" option enabled.
- highlight
- The "Cash Rounding" setting (red frame).
- module
- account
- notes
- English UI, light theme, 1440px width, centered, crop to the settings block.
Go to , open the point of sale you want to configure, and enable the Cash Rounding option.
To define the Rounding Method, open the drop-down list and click on Create and Edit….
Define here your Rounding Precision, Profit Account, and Loss Account, then save both the Rounding Method and your Point of Sale settings.
- menu
- Point of Sale ‣ Configuration ‣ Settings
- shows
- The POS settings with "Cash Rounding" enabled and a rounding method selected below it.
- highlight
- The "Cash Rounding" setting block (red frame).
- data
- Rounding method "Rounding 0.05" with rounding precision 0.05.
- module
- point_of_sale, account
- notes
- English UI, light theme, 1440px width, centered, crop to the settings block.
All total amounts of this point of sale now add a line to apply the rounding according to your settings.
- menu
- (POS interface) ‣ Payment screen
- shows
- The POS payment screen with a separate rounding line added to the order total.
- highlight
- The rounding line (red frame).
- module
- point_of_sale, account
- notes
- English UI, light theme, 1440px width, centered, crop to the totals block.
Note
Odoo Point of Sale only supports the Add a rounding line rounding strategy.