Summary
Many countries no longer support the smallest coin denomination. So we have added a Cash Rounding setting which will round up or down to the nearest 0.05 denomination. This setting is added in version 4.6.1.
Note: This setting does not appear for US accounts.
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Register Type |
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Talech Tier |
Business Type |
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Setting
To enable this setting from the Register go to 'Dashboard' > 'Back Office' > 'Settings' > 'General' > Scroll to the 'Order' Subsection > Enable 'Cash Rounding'.
The change of behavior will only be noticed while taking a cash payment.
Rounding Guide
| Total Amount | Behavior |
| Ending in $.00 | Total Does Not Change |
| Ending in $.01, $.02 | Total Rounds Down to $.00 |
| Ending in $.03, $.04 | Total Rounds Up to $.05 |
| Ending in $.05 | Total Does Not Change |
| Ending in $.06, $.07 | Total Rounds Down to $.05 |
| Ending in $.08, $.09 | Total Rounds Up to $.10 |
In Action
In the following example, we have an order for $6.99. If paying by credit, then the total will stay at $6.99.
However, if the Tender Type is changed to Cash, then Cash Rounding will occur to the nearest $.05 denomination. In this case, it rounds up to $7.00.
Below you can see what the order will look like from the Closed Order section. It will show the total cash payment and the amount rounded.
Reporting
If you wish you can see how much Cash Rounding has occurred. You can view this in 'Dashboard' > 'Reports' > 'Summary Report' > 'Split by Payment Type' > 'Cash Rounding'.
Cash Rounding can also be viewed on talech.com. It can be found in the 'Payment Tender Type' section. Also in the downloaded Net Revenue Report and Dashboard report.
Simply expand the Cash section by selecting the blue ">".
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