Five-cent cash settlement review
Keep the original invoice total visible while checking one full cash settlement to the nearest five cents. Compare an electronic payment without cash rounding.
Free to use · Fictional examples · Local calculationThis is a payment-preparation review for one verified whole bill. It does not change the invoice, GST, customer balance or accounting records.
Review one whole-bill settlement
AUD only. Enter the final verified total, not each item. Partial payments, mixed cash/card payments, refunds, foreign currencies and disputed adjustments are outside this review.
Confirm the scope, then review the inputs.
Fictional examples
| Verified total | Method | Settlement calculation |
|---|---|---|
| AUD19.92 | Cash | AUD19.90; difference −0.02 |
| AUD19.93 | Cash | AUD19.95; difference +0.02 |
| AUD19.92 | Electronic | AUD19.92; no rounding |
| AUD4.95 | Cash | AUD4.95; already a five-cent amount |
Two fictional item prices of 0.02 total 0.04, which rounds to 0.05 for a whole cash settlement. Rounding each item first would give the wrong comparison.
Method and limits
Amounts are handled as integer cents. For cash, a remainder of 1 or 2 cents above a five-cent amount rounds down; a remainder of 3 or 4 rounds up. Electronic amounts retain their exact cents. Optional cash tender must be a multiple of five cents; the tool reports change or a shortfall without asserting payment occurred.
Use the whole final total once. Keep the invoice and actual payment record separately. Do not edit line prices, GST or a customer balance just to make this calculation match. Your accountant can advise how to record an actual rounding difference.
Verify the records before preparing a document
Record what was actually received using your established process. A calculation match is not a receipt or proof of payment. Use the existing invoice tool only for a separately verified document; do not re-invoice an already issued amount.
Inputs are processed in this page, not uploaded, stored in an account or written to an invoice draft. Keep your own copy before leaving.
Open the original tool for a verified documentStart the original tool without signing in. Free output has branding and usage limits. This page provides a manual review; it does not automatically create an invoice or submit a payment.
Sources and scope
WA Consumer Protection describes cash rounding on the total, not individual items, and exact electronic payments. The ACCC’s dated 2000 release supplies historical background. This review does not interpret newer cash-acceptance legislation or rules for mixed payments.
Sources and fictional examples reviewed 5 November 2026.