Folio Balance Offset on Round-Off

When rounding is applied and the remaining folio balance is less than the smallest configured denomination, an offset transaction is automatically posted. For example, consider the following denominations: 0.05, 0.10, 0.25, 1.00, 2.00, 5.00, 10.00, 20.00, 50.00, 100.00.

Scenario 1: Rounding Up

• Actual payment: $100.02

• Rounded payment: $100.05

• Difference: +$0.03 (less than smallest denomination $0.05)

• Action: Post a charge of $0.03 as a round-off transaction item to the folio.

Scenario 1: Rounding Down

• Actual payment: $100.02

• Rounded payment: $100.00

• Difference: -$0.02 (less than smallest denomination $0.05)

• Action: Post a credit of $0.02 as a round-off transaction item to the folio.

In both cases, since the adjusted amount is smaller than the smallest denomination, the appropriate transaction item (credit or charge) is automatically posted to the folio at the point of payment. When the smallest denomination changes (for example, to $0.10), any adjusted amounts smaller than that (like $0.07 or $0.08) will similarly be posted as credit or charge round-off items.

When the folio balance is between $0.01 and $0.04 or between -$0.01 and -$0.04 (both inclusive), and the smallest denomination is $0.05, the folio balance will be posted as a credit or charge accordingly.

Similarly, when the smallest denomination is $0.10, and the folio balance is between $0.01 and $0.09 or between -$0.01 and -$0.09 (both inclusive), the folio balance will be posted as a credit or charge accordingly.