Message:

<p>[QUOTE=&quot;Conder101, post: 7851195, member: 66&quot;]It doesn&#039;t require price changes at all.&nbsp; Prices are still to the cent, odd cent if desired, sales are totaled, sales tax, if any, applied, and the FINAL amount is rounded up or down to the nearest five cent.&nbsp; The difference up or down will never be more that 2 cents and since half the time it will round up and half the time it will round down in the long run it will average out to a net difference of zero.</p><p><br /></p><p>The argument that it will cause prices to go up doesn&#039;t hold because there is nothing other than competition that keeps merchants from raising them now, and that competition will still be there.</p><p><br /></p><p>The argument that merchants will price their goods so that it always rounds up doesn&#039;t hold.&nbsp; Because it rounds after the final total and taxes the only way to guarantee that it always rounds up is to never allow customers to purchase more than one item at a time.&nbsp; Customer has 25 items and you require them to be processed as 25 separate transactions?&nbsp; That isn&#039;t going to go over very well.</p><p><br /></p><p>Registers with the rounding software turned on will round fairly and you should see a price that always ends in .00 or .05.&nbsp; If the software isn&#039;t turned on and you see a price displayed that should round down, but the merchant quotes a rounded UP price are you just going to accept it or complain?&nbsp; And if they insist on charging the rounded up price anyway, are you going to come back again?&nbsp; What if they have a competitor who does the same thing, but they always round down?&nbsp; Which one is going to get the customers?[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in