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Accountants-????

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hazeleyes33
LIF Adult

Member since 5/05

13060 total posts

Name:
Ginger

Accountants-????

I am on another board with someone who is an accountant who insists that her job deals mostly with "rounding" numbers and estimations. She also does taxes.
I always though accountants basically had to have all the numbers exactly correct.
Am I incorrect for thinking this?

Posted 7/28/07 10:02 PM
 
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Kate07
Feel better my little guy!

Member since 5/05

4476 total posts

Name:
Kate

Re: Accountants-????

Often I round to the nearest number. It depends what I am working with. Taxes are always rounded to the nearest dollar.

Posted 7/28/07 10:04 PM
 

hazeleyes33
LIF Adult

Member since 5/05

13060 total posts

Name:
Ginger

Re: Accountants-????

Posted by Kate07

Often I round to the nearest number. It depends what I am working with. Taxes are always rounded to the nearest dollar.




Thanks! I know at my job we have to be to the penny when doing invoices and P.O.'s so I would think most companies would be like that too.

Posted 7/28/07 10:12 PM
 

Kate07
Feel better my little guy!

Member since 5/05

4476 total posts

Name:
Kate

Re: Accountants-????

Posted by hazeleyes33

Posted by Kate07

Often I round to the nearest number. It depends what I am working with. Taxes are always rounded to the nearest dollar.




Thanks! I know at my job we have to be to the penny when doing invoices and P.O.'s so I would think most companies would be like that too.



In the case of POs or invoicing you would definitely work with exact amounts.

I just finished a massive project looking at POs for a client. If I ever have to see a bright green PO again it will be too sooonChat Icon

Posted 7/29/07 11:40 AM
 

HarleyGirlFLA
Come on in

Member since 5/05

9674 total posts

Name:
Mel

Re: Accountants-????

When I was in CS I was rounding to the nearest tenth (depending on what I was working on)

This new position I am going into, it has to be exact. Most it could be off by is one penny.

Posted 7/29/07 12:02 PM
 
 

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