Round account balances
You can turn on rounding for account balances in Onvio and specify the account to use for rounding each account type.
- Open a project and select theRoundingswitch in theContact Settingssection of theSettingstab.
- SelectRounding Setupto open theRoundingpanel.
- Mark the checkboxes to apply rounding for the specified balance types.noteMark a checkbox in theRound rowsection of theRoundingpanel to round the balances for the selected balance types.
- In theRounding Accountssection, specify the account to use for rounding for each account type Asset, Equity or Liability, and Income Statement accounts.noteYou can select theAdd Accountbutton to add an account.
- Select theSavebutton to apply the rounding selections.
note
- Rounded balances that are exported to other tax applications remain rounded.
- You can delete rounded accounts only when rounding is turned off.
- Rounding calculations are based on the balance type that is being rounded and includes all journal entries in the current period calculation.
- All data entry grids and reports reflect rounded amounts for the balance types that are selected.
- For accounts to appear as selections in the account type fields in theRounding Setuppanel, accounts must be grouped for theAccount Classificationgrouping schedule in theGroupingstab.
- Debit and credit account balances are rounded separately by the application, then calculated together to arrive at the rounded amount.
