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Cash totals to be rounded in Ireland
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<p>[QUOTE="chrisild, post: 2176100, member: 39"]The Irish government decided yesterday that cash totals can be rounded to the nearest 5 cent. Since the 1 and 2 cent coins are legal tender throughout the currency union, they will continue to be legal tender in IE too. But due to the new rounding rules, considerably fewer of them will be needed. The Central Bank of Ireland explains the procedure here:</p><p><a href="http://www.centralbank.ie/press-area/press-releases/Pages/CentralBankannouncesrolloutofroundingof1cand2ccoinsnationally.aspx" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.centralbank.ie/press-area/press-releases/Pages/CentralBankannouncesrolloutofroundingof1cand2ccoinsnationally.aspx" rel="nofollow">http://www.centralbank.ie/press-area/press-releases/Pages/CentralBankannouncesrolloutofroundingof1cand2ccoinsnationally.aspx</a></p><p><br /></p><p>In the euro area, the same rounding rules already apply in Finland, the Netherlands, and Belgium. Businesses may choose to round or not round the cash totals.</p><p><br /></p><p>Christian[/QUOTE]</p><p><br /></p>
[QUOTE="chrisild, post: 2176100, member: 39"]The Irish government decided yesterday that cash totals can be rounded to the nearest 5 cent. Since the 1 and 2 cent coins are legal tender throughout the currency union, they will continue to be legal tender in IE too. But due to the new rounding rules, considerably fewer of them will be needed. The Central Bank of Ireland explains the procedure here: [url]http://www.centralbank.ie/press-area/press-releases/Pages/CentralBankannouncesrolloutofroundingof1cand2ccoinsnationally.aspx[/url] In the euro area, the same rounding rules already apply in Finland, the Netherlands, and Belgium. Businesses may choose to round or not round the cash totals. Christian[/QUOTE]
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Cash totals to be rounded in Ireland
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