This article is Step 4E of Understanding Accounting Integration - Control Accounts > Cash Rounding
To see all the steps of Understanding Accounting Integration, please review - Overview - Understanding Accounting Integration
Step 4E - Control Accounts - Cash Rounding
This General Ledger Account is typically set up as either a Cost of Goods Sold or Expense account and is only used when cash payment rounding has been enabled in your Blackpurl
This is enabled in System Settings > Settings and Controls - Price Settings
The entries made to this General Ledger Account are for the differences between payment being recorded and the rounded value of that payment.
For this example Invoice is $364.99 and the customer has elected to pay by cash of $365.00
To balance out the difference between the amount required and the amount paid is a journal entry to the Cash Rounding General Ledger and Customer deposits
