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Cash Rounding Methods in Odoo Point of Sale

Odoo’s every module gives you access to optimal performance as well as a variety of advanced features and tools. The PoS module is closely integrated with the Inventory module, allowing you to see real-time inventory data and manage your sales and business accordingly. With the help of the Sales module, you may create customer invoices directly. When the smallest coin exceeds the account’s minimum unit, cash rounding is required.

The cash rounding option can be turned on from the settings page.

Configuration => Settings
Cash Rounding in Odoo Point of Sale

When you open it, you can view all of the created cash roundings and you can create new cash rounding by clicking the create button.

Cash Rounding Methods in Odoo Point of Sale
Cash Rounding Methods in Odoo Point of Sale

Name the rounding method. The number of digits utilized to express that amount is indicated by the rounding precision. Odoo provides two cash rounding strategies:

  • Modify tax amount
  • Add a rounding line.

Rounding will be recorded in the profit and loss account.

There are three types of rounding methods: Up, Down, and Half Up. When you choose UP, the value is rounded to plus infinity based on the rounding precision, and choosing DOWN, the value is automatically rounded down to minus infinity based on the rounding precision. When dealing with fractional quantities the HALF UP method is used. If a fraction value is higher than or equal to 0.5, the value will be rounded to plus infinity, and if the fraction is less than 0.5, the value gets rounded to minus infinity.

Rounding Method up
Rounding Method up in Odoo Point of Sale

Activate cash rounding in the PoS of Shop/Bar. Select the rounding method. There is an option below to make the rounding method apply to cash payments only.

Open the PoS session from the dashboard. Once an order is completed choose the payment option.

Odoo Point of Sale

Select the payment method and validate. After validating a receipt is generated, you can also send the receipt by mail to the customer.

Cash Rounding in Odoo Point of Sale

Here the total amount has been rounded up.

Rounding Method Down

Activate cash rounding in the PoS session of Shop/Bar and select the rounding method.

Rounding Method down in Odoo Point of Sale

Open the PoS session and order the items. Once an order is completed choose the payment option.

Odoo Point of Sale

Select the payment method and validate. The receipt shows all the details about the orders and payment. The total amount has been rounded down to the rounding precision.

Cash Rounding in Point of Sale

Rounding Method Half Up

Activate cash rounding in the PoS session of Shop/Bar and select the rounding method.

Rounding Method Half up in Odoo Point of Sale

Open the PoS session and order the items. Once an order is placed choose the payment button.

Odoo Point of Sale

After validating the receipt shows the total and the rounded amount.

Cash Rounding Methods in Point of Sale

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