From December 1 2019, rounding** cash amounts to 5 cents** is mandatory for all businesses. In this way the 1 and 2 euro cents must gradually disappear. Too often the coins remain in a piggy bank, causing a scarcity. That is why new ones have to be created constantly, while these entail high production costs.

- Who must round?
- How to round?
- Won’t customers fear price increasing?
- Which rules must a company follow?
- The rounding rules
- What about accounting?
- What if you work with Optios?

## 1. Who must round?

Anyone who **pursues an economic goal** in a sustainable way.

## 2. How to round?

**The total amount of all purchases that the customer wants to pay with cash must be rounded.** This is when the payment is made in your business, so in the **physical presence** of both the consumer and the trader and when **the amount to be paid is greater than 5 cents.** Therefore, rounding is not permitted in the case of selling from a distance (such as via the internet) and between private individuals or companies.

## 3. Won’t customers fear price increasing?

No, because the rounding is **only completed on the total amount**. So it is not the intention that all individual articles are also rounded. One time the price is rounded up and the other time down, which means that the prices keep each other** in balance.**

## 4. Which rules must a company follow?

- Do you
**only wish to round payments in cash**? Then the rounding is**only applicable on the part in cash**. Even when the payment is partially made in another payment method. -
Do you wish to apply the rounding to payment methods

**other than cash**? Then the rounding is made on**the total amount**(Even if the payment is partly made in cash and another payment method.) Make sure that in this case you hang the following legal text clearly visible in the salon “**specific text**(PDF, 524.6 KB)“. - The
**cash register ticket**should clearly state both**the total amount**and**the original amount**before rounding.

## 5. The rounding rules

**Does the total amount to be paid end at ,01€ or ,02€? Then you have to round to the lower ,00€.**

👉🏼 For example: € 13.91 becomes € 13.90.

**Does the total amount to be paid end at ,03€ or ,04€? Then you have to round up to the higher ,05€.**

👉🏼 For example: € 13.94 becomes € 13.95.

**Does the total amount to be paid end at ,01€ or ,02€? Then you have to round to the lower ,05€.**

👉🏼 For example: € 13.97 becomes € 13.95.

**Does the total amount to be paid end at ,08€ or ,09€? Then you have to round up to the higher ,00€.**

👉🏼 For example: € 13.98 becomes € 14.00.

## 6. What about accounting?

**The VAT must be calculated on the original amount**, not on the rounded amount. This means that little will change regarding to accounting. Which doesn’t mean that you don’t have to change anything. **Your cash register will have to be adjusted to this**, because the receipt must show both the original amount and the rounded amount. For this you have to adjust your cash register.

## 7. What if you work with Optios?

**The cash register can still be used as before.** If people pay in cash, you can** round the amount** that Optios (total) displays **yourself**. You then write down the original amount on the **cash register ticket** (before it was completed).

**Attention:** differences can occur between the checkout and the accounting.