Why is there Rounding on Monthly Data?

Rounding on the Income Statement (Monthly Data screen) will appear when the movement in Retained Earnings on the Balance Sheet from one month to the next, does not match the change in Retained Earnings at the bottom of the Income Statement.  The difference is shown as Rounding, to make the two figures match.

This will occur if:

1. There has been an adjustment to retained earnings on the Balance Sheet without the entry passing through the Income Statement. There is nothing to fix in this situation.
2. The RTC Prior Period Adjustments tool has been used to adjust prior month’s depreciation or inventory (the next month that is loaded after the adjustment will show a rounding figure). There is nothing to fix in this situation.
3. There has been an adjustment made to a prior period in the accounting system, and the data has not been updated in RTC (e.g. end of year adjustments made to prior months). If this is the case, please Email Support for assistance.
4. You have accidentally loaded the wrong month’s CSV file(s).  In this case, the change in retained earnings in the Balance Sheet will not match the change in retained earnings on the Income Statement, so a rounding amount will be calculated. Reload the correct month’s data: How to reload Data or How to reload more than one month of Data