Invoice Rounding In Different Currency

[Zoltan]

Hi!

 

In my Blesta install, the default currency is HUF. Under Active Currencies=>Edit Currencies I set it up in a format that it only shows whole numbers (1200 not 1200.25).

In Hungary the sales tax is 27%, so when it adds tax on top of 20 HUF, on the invoice is 25.4.

 

Can you tell me how can I set it up the invoice amount with rounding?

 

Thank you for your help!

 

Zoltan 

[Michael]

What currency is that? I've never heard of such a thing.

 

nor me I only know about rounding to the nearest penny or cent.

[interfasys]

What currency is that? I've never heard of such a thing.

It's called Swedish rounding

 

According to the article, rounding with 0.05 intervals is currently in use in:

• Argentina (always rounded down)
• Australia
• Bosnia and Herzegovina
• Bra7i1
• Canada
• Finland
• Hungary
• Malaysia
• The Netherlands
• Singapore
• South Africa
• Switzerland
• Turkey

[Michael]

It's called Swedish rounding

 

Oh weird system.

[Zoltan]

In Hungary, we only use it with cash, but only on whole numbers. It is due to a fact, that the smallest value coin we have, is 5 HUF.

Let's you have a bill in Hungary for 728 HUF. When you pay it with cash, you pay 730 HUF. If you pay it with bank transfer or Credit Card, you pay 728 HUF.

I don't think you need to worry about that, because the invoice should still be 728 HUF when it is not cash.

[Darin]

 

It's called Swedish rounding

 

According to the article, rounding with 0.05 intervals is currently in use in:

• Argentina (always rounded down)
• Australia
• Bosnia and Herzegovina
• Bra7i1
• Canada
• Finland
• Hungary
• Malaysia
• The Netherlands
• Singapore
• South Africa
• Switzerland
• Turkey

 

 

In Canada, this special rounding only applies to cash transactions, because Canada eliminated the penny (0.01) in 2013, leaving the nickel (0.05) as the lowest currency denomination in production. Additionally, the rounding only applies on the final total, not on line items or tax calculations.

 

According to the Royal Canadian Mint, "only cash transactions require rounding.  Cheques and transactions using electronic payments—debit, credit and payments cards—do not need to be rounded, because they can be settled electronically to the exact amount."

 

More info can be found here http://www.mint.ca/store/mint/about-the-mint/phasing-out-the-penny-6900002

[danko]

Szia Zoli !

A segítséged kérném,

erre végül is találtál megoldást ?

 

A Blesta telepítésemben az alapértelmezett pénznem forint. Aktív pénznemek között => pénznemek szerkesztése olyan formátumban állította be, hogy csak teljes számokat (1200 nem 1200.25) jelenít meg.

Magyarországon a forgalmi adó 27%, tehát 20 forint feletti adóbevétel esetén a számlán 25.4.

 

Meg tudja mondani, hogy kerekítéssel hogyan állíthatom be a számla összegét?