Penny For Your Thoughts

[BobKamman]

Pennies are gone, but BOI remains.  Treasury has interesting priorities. 

I'm just interested in the accounting issues.  If I sell something for $5.82 including tax, but I don't have three cents to make change, what do I do?  

If I round down to $5.80, do I just reduce the selling price before tax?  But what if that reduced the tax (after rounding) by a cent?  

If I round up to $5.85, I think I have to turn the excess over to the state. Or can I credit it against the 3 cents I lose on the next sale that came out to $5.82 and I rounded down?

In my younger days I traveled to countries where instead of change for smaller amounts, they gave you a piece of wrapped hard candy.  

Dentists would love that. 

By the way, I looked it up so you don't have to.

It costs 14 cents to mint a nickel.

[IRonMaN]

How are we going to have good conversations if nobody can ever add their two cents to the conversation?