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# Re: [libreoffice-users] Re: Visible currency rounding

```HI!

```
You are right. I think the rules is simular in Sweden. I think this tradition to have the rounded sum on the invoice is to make it easier during accounting. But this is not the motivation to make this to complicated. Many invoice in Sweden today has no visible currency rounding.
```
```
So, I think I will change this to just delete all decimals of all sums in the bottom of the invoice.
```
Thanks for all help!

Regards,
Marino

```
-----Ursprungligt meddelande----- From: Tom Davies
```Sent: Tuesday, July 16, 2013 2:21 AM
To: Tinkerer ; users@global.libreoffice.org
Subject: Re: [libreoffice-users] Re: Visible currency rounding

Hi :)
```
Ahhh, that makes sense. HMRC are the Vat collectors for the Uk but the Swedish one is likely to have similar rules.
```Regards from
Tom :)

```
```________________________________
From: Tinkerer <j_taylor18@btinternet.com>
To: users@global.libreoffice.org
Sent: Monday, 15 July 2013, 19:38
Subject: [libreoffice-users] Re: Visible currency rounding

Tom

Let me put it another way.
Take the following sales:
50 items @ 1.37 VAT @20% = 68.50 VAT = 13.70

If the same items are sold separately, the VAT would be different.
1 item @ 1.37 VAT @ 20% = 0.274 for the VAT
This would be rounded to 27p and 50 x 0.27 = 13.50
Rounding has caused a difference of 20p
When paying tax, you are required to pay what you have collected.
If you calculate as you suggest you may hand over more tax than you have
collected.
```
What I think he is looking for is a simple way of calculating the VAT due on
```his total with each individual item rounded down and that cannot be done.
Each item has to be calculated, rounded down and then a total obtained for
the rounded figures.
```
HMRC take the view that VAT is payable on the total value of cash sales plus
```the VAT calculated on Invoiced sales.
In my examples the VAT due would be 27.20 assuming that the 100 items sold
would consist of 50 invoiced and 50 cash
sales.

Tink.

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```
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