Article #280 Configuring Solid Route Accounting for the Phasing Out of the Penny

From February 4, 2013 the Royal Canadian Mint will no longer distribute pennies. In order for Solid Route Accounting™ to correctly round up or down to the nearest 5 cents for cash transactions you will need to create a new rounding item.

Note: rounding will only occur on Invoices (B), open Orders (O) and Credits (E) that have a cash payment type. Rounding will not occur on Received on Accounts (R).

In Solid Business Central™:

1. Create a new labour item department for the rounding part:
   1. Navigate to [Datafile / Department / View]
   2. Press the >insert< key to add a new department
   3. Ensure the [Type] field is set to "L" for Labour
   4. If you would like the rounding adjustments to be captured in a separate GL account, enter this account in all 6 of the GL Integration Number fields, otherwise use the sales account
2. Add a new part
   1. Navigate to [Datafile / Inventory / View]
   2. Press the >insert< key to add a new part
   3. Ensure to assign it to the newly created department
3. Enable the rounding feature
   1. Navigate to [System / Configure / Company / Settings]

   2. In the "Penny Item" field select the newly created penny rounding item

      Note: if this field is left blank, no rounding will take place

In Solid Mobile Central™:

1. In the ERP system create a "Other Charge" item that will be used in the rounding process
2. Run Solid Fusion™ to import this newly created item
3. Open Solid Mobile Central™
4. Navigate to [Company / Configuration]

5. On the [Invoicing] tab, select the newly created item in the "Penny Item" field

   Note: if this field is left blank, no rounding will take place