Default Round A/c
YouTube: How to Specify the Rounding Account for Posting Round-off Amount in Sale Bill?
How to Specify the Rounding Account for Posting Round-off Amount in Sale Bill?
The Default Round Account feature in Logic ERP automatically manages small rounding differences during billing, ensuring accurate and consistent financial records.
Step-by-Step Configuration
Open the Sales Voucher Configuration.
Select the relevant Billing Series.
Click on “Other Setting 1”.
Click on the “Other Settings” button.
Locate the option labeled: “Default Round A/c”
From the dropdown list, select the appropriate ledger (e.g., Round Off).

Click OK and save the changes.
How It Works During Billing
Proceed to create a Sales Bill.
Open the View Totals window.
You’ll notice:
The transaction amounts are shown.
A rounding difference (e.g., ₹0.12) is applied to finalize the payable amount.

This difference is automatically posted to the Round Off ledger account.
Post-Billing Ledger Impact
After saving the bill:
Go to the Round Off account ledger.
You’ll see that the rounding difference is posted here automatically.

This ensures clean and accurate accounting entries for minor adjustments.
Benefits
Eliminates manual intervention for small rounding amounts.
Maintains accuracy in financial reporting.
Ensures compliance and consistency across billing operations.
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