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™:
- Create a new labour item department for the rounding part:
- Navigate to [Datafile / Department / View]
- Press the >insert< key to add a new department
- Ensure the [Type] field is set to "L" for Labour
- 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
- Add a new part
- Navigate to [Datafile / Inventory / View]
- Press the >insert< key to add a new part
- Ensure to assign it to the newly created department
- Enable the rounding feature
- Navigate to [System / Configure / Company / Settings]
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™:
- In the ERP system create a "Other Charge" item that will be used in the rounding process
- Run Solid Fusion™ to import this newly created item
- Open Solid Mobile Central™
- Navigate to [Company / Configuration]
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