in reply to Re: Proper monetary rounding
in thread Proper monetary rounding
That's what I had been doing, until I heard that accountants are actually picky about this sort of thing.
"Round to even" considers the case where the number just past the least significant is a 5, followed only by zeroes. It then rounds odd LSDs up to the nearest even, rounding off even LSDs.
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Re: Proper monetary rounding
by jonadab (Parson) on Mar 05, 2007 at 12:49 UTC | |
by monarch (Priest) on Mar 05, 2007 at 16:00 UTC | |
by jonadab (Parson) on Mar 06, 2007 at 16:29 UTC | |
by eric256 (Parson) on Mar 05, 2007 at 18:35 UTC |