reports without decimals?

Mike or Penny Novack stepbystepfarm at mtdata.com
Fri Mar 28 15:52:09 EDT 2014


I showed an example with a transaction but yes of course, same problem 
with the balance sheet, income statement, etc. And as I DID indicate, 
not simply a matter of making the current report/tax filing rounded in 
balance but that must jibe with the previous one << at least it does in 
the filings that I have to fill out >>  I was simply giving an example 
for rounded(A) + rounded(B) /= rounded(A+B) for those who need concrete 
examples rather than algebraic expressions.

This is NOT something easily automated. I find that a slight amount of 
"fudging" is usually necessary. Hopefully that can be done adjusting 
just ONE item in the filing, rounding up instead of down or down instead 
of up, to make everything come out in balance AND mating seamlessly to 
the previous year's filing. But I often have to do that with a bit of 
trial and error to pick the right thing to adjust AND it's not always 
just one thing << or the actual adjustment might be smaller if more than 
one thing fudged --- I assume better to have fudged two items each by 
just a few cents than to adjust one by close to a dollar >>

Michael


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