How To Round Invoice In Odoo || Cash Rounding In Odoo

How to round invoice in Odoo. Invoice round off in Odoo. How to set up cash rounding in Odoo.
In some currencies, the smallest coins do not exist. For example, in Switzerland, there is no coin for 0.01 CHF. For this reason, if invoices are paid in cash, you have to round their total amount to the smallest coin that exist in the currency. For the CHF, the smallest coin is 0.05 CHF.
There are two strategies for the rounding:
Add a line on the invoice for the rounding
Add the rounding in the tax amount
Both strategies are applicable in Odoo.
Configuration
First, you have to activate the feature. For this, go in Accounting ‣ Configuration ‣ Settings and activate the Cash Rounding.
There is a new menu to manage cash roundings in Accounting ‣ Configuration ‣ Management ‣ Cash roundings.
Now, you can create cash roundings. You can choose between two rounding strategies:
Add a rounding line: if a rounding is necessary, Odoo will add a line on your customer invoice to take this rounding into account. You also have to define the account in which the rounding will go.
Modify tax amount: Odoo will add the rounding to the amount of the highest tax.
Apply roundings
Once your roundings are created, you can apply them on customer invoices. On the customer invoices, there is a new field called Cash Rounding Method where you can simply choose one of the rounding methods created previously. If needed, a rounding will be applied to the invoice.
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[@dhaniswaradanusatrio9460]

hi, can i do same for purchase order or sales order? thanks

[@OdooMates]

yes

[@sridhar.t.p]

Hi,
Could you please tell me how do we set the Tax split up value of CGST & SGST to show equal split if Rounding Strategy is kept at "Modify tax amount". Since as you can see on SGST & CGST has difference split value (refer in video 6:17 minutes). Would be helpful if the SGST & CGST has equal split.

[@yasirbukhari9363]

Brilliant

[@OdooMates]

thanks

[@edinson6199]

Thanks a lot Sir, help me please, how can I add a dropdown like select company in the page header

[@Umair6419550]

Sir how can we by by pass the Outstanding Payments and Outstanding Receipts, whereas in journal advance configuration option does allow me to change it into Cash option for Cash Account (Community odoo 14). Sir. Your Videos are very good. Please make a video for this. Thank you