Rounding off amounts

Chandru

In the invoice, taxes are calculated automatically based on the specified %ges, But such calculated amounts may result in fractions. As a practice, we round off such fractional amounts to the nearest rupee... how to achieve this in Wave? Can the calculated tax amount allowed to be edited at least?

Alexia

Hi, @Chandru.

There's no way to do this automatically in Wave. You can, however, add a new line item called "rounding adjustment" and use that to round out your total.

That being said, I can't advise on tax issues, so I do recommend you speak to an accountant to confirm that this is best practice for your tax administration.