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How to Round Off Amount? @ Tally.ERP9

Method-1

You can create a Ledger ‘Rounded off (+/-)’ to round-off the invoice value automatically. 

1.            Go to Gateway of Tally Accounts Info. Ledgers Create / Alter .


Note : If you already created the given Ledger Rounded Off (+/-), you can alter as below

Creation of Rounded off Ledger in TallyERP9

2.            Set Type of Ledger? as Invoice Rounding .

3.            Select the Rounding method as Normal Rounding and enter the Rounding limit to 1 .

4.            Under Statutory Information, all options should be set to Not Applicable .

Method-2:

In Tally.ERP 9 you can configure a voucher type to round off decimal values. Follow the steps given below to configure Purchase voucher to round off transaction values.

  • Go to Gateway of Tally > Accounts Info. > Voucher Types > Alter > Purchase > enter name for the voucher class in Name of Class field.

  • Under Additional Accounting Entries e.g.Taxes/Other charges to be added in Invoice of Voucher Type Class screen, add a ledger Round Off (grouped under Indirect expenses).

  • Select Type of Calculation - As total Amount Rounding, Rounding Method as 'Normal Rounding', enter 1 for Rounding Limit:1 and set Remove if Zero to Yes. 

  • Accept changes and save the Voucher Type.

Round Off Amount? @ Tally.ERP9

Now pass the Purchase entry using the above Voucher Class. Tally.ERP9 will automatically Rounded off the voucher value.

Round Off Amount? @ Tally.ERP9

 


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