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Finance | Project Operations, Human Resources, ...
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Penny Rounding to the Nearest $0.05, How Are You Handling It?

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Posted on by 195
Hi Everyone, 

With penny rounding now in play, transactions are being rounded to the nearest $0.05, which means variances are hitting the GL whether you're ready for it or not.

We've got it set up and running, but curious how others are managing that variance entry in the General Ledger.

Are you absorbing it? Mapping it to a dedicated account? Letting it sit?

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