The platform is experiencing some issues - we are very sorry about it. Our engineers are already working on stabilizing the system. If you would like to get live updates on the status please subscribe on our status page here.
What rounding model does Tradeshift use?
Created on 2016-10-11 20:36:27; Last updated on 2021-10-26 07:00:24
When you create an invoice in the web user interface, Tradeshift is doing the calculations. Our rounding model is "round half to even". Thus, for example, €1159.125 becomes €1159.12, and €231.837 becomes €231.84.
For a truly random set of decimal numbers, this type of rounding will not skew the totals up or down significantly, so it is favored as a fair rounding system in financial applications.
3 people found this helpful.
- My account
- Invoicing and documents
- Network & connections
- Integration & API
- Announcements & Updates
- Integrated Early Payments