Petty Question

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  • Josiegirl
    Daycare.com Member
    • Jun 2013
    • 10834

    Petty Question

    After seeing another post with dollars/cents, is it okay to round up or down to the nearest dollar amount? It's what I've been doing for years.
  • DaveA
    Daycare.com Member and Bladesmith
    • Jul 2014
    • 4245

    #2
    Originally posted by Josiegirl
    After seeing another post with dollars/cents, is it okay to round up or down to the nearest dollar amount? It's what I've been doing for years.
    I've always rounded up or down. We have an accountant do our taxes and he's said it was fine.

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    • Mike
      starting daycare someday
      • Jan 2014
      • 2507

      #3
      I doubt that would work for a nickel and dime store though. ::
      Children are little angels, even when they are little devils.
      They are also our future.

      Comment

      • TomCopeland
        Business Author/Trainer
        • Jun 2010
        • 3062

        #4
        rounding

        Originally posted by Josiegirl
        After seeing another post with dollars/cents, is it okay to round up or down to the nearest dollar amount? It's what I've been doing for years.
        Yes, you can do this. The IRS recommends it. I do it.
        http://www.tomcopelandblog.com

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