> For the complete documentation index, see [llms.txt](https://docs.payfacto.com/payfacto-knowledge/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.payfacto.com/payfacto-knowledge/veloce-pos/veloce/point-of-sales-control/payment-modes.md).
# Payment Modes
### Cash Rounding
Many countries have withdrawn low denomination coins over the years. For instance, countries like Australia and Canada have withdrawn their one cent ($0.01) coins in 1992 and 2012 respectively, which means prices for items paid in cash need to be rounded to the nearest multiple of 5 cents ($0.05), which is currently the lowest denomination coin that has legal tender in these countries.
At the same time, most countries where low denomination coins were withdrawn still require non-cash transactions to be calculated to the nearest penny, introducing a dual calculation paradigm where the same item could be sold at different prices depending on whether the item is paid using cash or a payment card.
With Veloce, rounding is configured for each individual payment type. This allows Veloce to conform to any local regulation regarding rounding.
Here is an example of how to configure rounding to the nearest $0.05 increment, which would apply to cash payments in Canada and Australia:
1. Login to the Veloce Back-Office.
2. Start the Point of Sale Control module.
3. Click on the Invoice menu and select the Payment Modes... option.
4. Select the payment mode that is normally used for Cash.
5. Make sure that the Rounding check box is ticked and set the rounding value to $0.05.
6. The drop-down list next to the value is the rounding type. Select Closest to tell Veloce to round up or down to the nearest multiple of $0.05.
7. Save your changes.
Since non-cash transactions still need to be calculated to the nearest cent ($0.01) in both Canada and Australia, simply make sure that the ***Rounding*** checkbox is **un**-ticked for all payment modes other than cash.
---
# Agent Instructions
This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com.
## Querying This Documentation
If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.
Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter:
```
GET https://docs.payfacto.com/payfacto-knowledge/veloce-pos/veloce/point-of-sales-control/payment-modes.md?ask=&goal=
```
`ask` is the immediate question: it should be specific, self-contained, and written in natural language.
`goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.
Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.