I don't know what this has to do with assembler - it is a general
programming question.

In any event, it applies to cash (not electronic) transactions only - see
http://www.cbc.ca/news/business/story/2012/03/30/f-penny-faq.html


-----Original Message-----
From: IBM Mainframe Assembler List [mailto:[email protected]]
On Behalf Of Paul Gilmartin
Sent: Friday, August 09, 2013 9:27 AM
To: [email protected]
Subject: Canadian GAAP?

Friday.  I understand that Canada is abolishing its one-cent coin. So will
cash register transactions be rounded to multiples of $0.05?  How about
electronic transfers, account balances and checks?  Will Canada's version of
GAAP be adjusted accordingly?  And most relevant here, can DFP handle
rounding to multiples of 0.05?  One could always multiply by 2; round to a
multiple of 0.10; divide by 2.  Enormous reprogramming task.  I suspect that
accounting will continue to use a granularity of $0.01.

-- gil

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