Thread: [Solved] Federal financial rounding?
View Single Post
 
Old 05-24-2010, 10:04 AM
markg2 markg2 is offline Windows 7 Office 2007
Expert
 
Join Date: Nov 2009
Location: Evergreen, CO
Posts: 344
markg2 is on a distinguished road
Default Federal financial rounding?

Using the correct payroll tax multiplier for social security and medicare in a spreadsheet I get a total value of xx.3255. The spreadsheet rounds the value up to xx.33. According to separate accounting software, the correct value is xx.32.

2 questions:

1. Does the government not round up values at or greater than 5?

2. Is there a way to tell the particular spreadsheet to not round up at .5 but to do so at .6 for example?
Reply With Quote