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New Sales Tax Rounding Policy - Midpoint Rounding

For those of you in jurisdictions where the sales tax specifies midpoint rounding, you can save yourself a few dollars in over-reported sales tax with this new rounding policy.

Before, fractions of a cent would round either up or down--up by default. With midpoint rounding, calculated sales tax will round a fractional cent up if it is >= .5 of a cent, and down if it < .5 of a cent.

To enable this rounding policy, visit Manage Taxes in the Tools menu.

Press the image.png button to edit any existing sales taxes. Change the rounding rule to Midpoint.

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Learn more about the exciting world of sales tax here.