Following the withdrawal of the penny, it is from February 2013 that customers who pay a transaction in cash will no longer be required to pay the exact amount but an amount rounded to the nearest multiple of five cents.
DCision ERP offers various possibilities concerning the total amount to be paid when registering sales paid for in cash, either not to round it, to round it to the nearest multiple of five cents or to always round it to the multiple lowest five cents. This last choice avoids any conflict / discussion with customers since they will always be winners. For example, if the total due is $ 12.23, normally the customer must pay $ 12.25 if they do not have a penny. By asking to round down, he can pay you $ 12.20.
Since the transaction amount must remain unrounded, when the invoice is printed, the system shows this amount in addition to the rounded amount payable. The difference between these amounts is automatically distributed to a rounding GL. By asking the system to round off invoices paid in cash, you reduce the potential end-of-day difference between the total in cash registers and the amount posted to the cash GL.
For more details on the withdrawal of the penny, here is a government article about it.
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