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<p>[QUOTE=&quot;19Lyds, post: 1098880, member: 15929&quot;]Thank you JeffB. What Coleguy was presenting simply &quot;sounded&quot; incorrect. It may be correct when reporting inventory as is required by the State of California but certainly not on individual item sales. As far as I know, rounding is done UP for taxes anyway to address partial cents since tax MUST be collected.</p><p>&nbsp;</p><p>The purpose behind the rounding is for the &quot;cash transaction&quot; where &quot;cent&quot; coins would no longer be available to offer for payments of 1, 2, 3, or 4 cents. Cash transactions would be rounded, debit/credit card transactions would not.</p><p>&nbsp;</p><p>Continuing to produce the cent is simply an unnecessary extravagance enjoyed by those folks who cannot get out of their conspiracy theory boxes much less see outside of them.</p><p>&nbsp;</p><p>Continuing to produce the paper bill falls into the exact same category. A pointless, expensive exercise that is no longer needed.[/QUOTE]</p><p><br /></p>

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