This article deals with the procedures for clearing small rounding differences occurring in financial statements. Small rounding differences amount to no more than £10. If the Trial Balance has been entered to the nearest penny, or figures are... Read More
Fix Rounding
When there are pence amounts in the working trial balance of a client file, a rounding error may occur on the Detailed Profit & Loss Statement. This is cleared by using the Right-Click menu (RCM) option on an expense line and selecting the... Read More