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About Rounding Relations

Use rounding relations to change the appearance of figures in the financial statements and to balance the financial statements.

The CaseView rounding relations feature automatically calculates the difference between two cells and places the difference into a third cell, the plug cell. The rounding formula is as follows:

Cell 1 - Cell 2 = PLUG CELL

Consider the balance sheet as an example. With the balance sheet, the difference between the Total Assets and Total Liabilities and Equity to be plugged into a rounding account. The values for Cell 1, Cell 2 and the plug CELL will differ depending on whether an asset account or a liability account is used as the rounding account (PLUG CELL).

If the rounding account is	Difference Cell 1 should be	Difference Cell 2 should be
An asset	Total Liabilities	Total Assets
A liability	Total Assets	Total Liabilities