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Rounding refers to the rounding of decimal places. On a till slip you are likily to encounter this where a product is sold by weight and so the price is not a nice clean $2.99 but more realistically $2.987 (becuase the weight is multiplied by the priced per weight). In the above example $2.987 would be rounded up to $2.99

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The answer depends on where in the world. In most countries, goods and services are priced so that any relevant taxes are included. However, if things are price net of tax, then usually a percentage amount needs to be added. This percentage amount may not (usually will not) come out as an exact number of minor currency units (cents, pennies, etc) and will need to be rounded.

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Q: What does rounding mean on a till slip?
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