Rounding

Rounding automatically occurs when the system performs a calculation and the result does not exactly equal the lowest currency unit, such as the penny for the U.S. dollar. In this situation:

• If the least significant digit is 5 or greater, the system rounds up.

• If the least significant digit is less than 5, the system rounds down.

For example, if the result of a calculation is 0.55672 and the currency is Canadian dollars (CAD), which has two decimal places, the system uses the third number to the right of the decimal to determine the rounding. In this example, it rounds the amount up to 0.56. Conversely, if the amount is 0.55472, the system uses 4 and round the amount down to 0.55. The system ignores all numbers after the third decimal for a two-decimal currency.