For accounting and employee payment purposes, you may wish to use the Net Pay rounding feature to round down the employee's after-tax payment to the nearest X cents.

To do this you will need to adjust the following setting under the Pay and Timesheet Rounding ruleset option listing.




Please note that as this setting allows you to balance the employee's Net Wage to the nearest amount, it also needs to apply the adjustment somewhere else as to not disadvantage the employee. As such the rounded amount is assigned to tax to be reimbursed at EOFY if needed.

The below screenshot details an example with this option disabled, please note the Net Pay and Tax amounts.


The following details what the difference to these figures if this feature is enabled and set to 10 cents.


Note that the Net Wage value has been rounded down and the 5 cent rounded amount has been allocated to the PAYG tax amount instead.