Iowa SSB3143 allows rounding cash transactions to the nearest five cents in certain situations.

Iowa SSB3143 provides guidelines for rounding cash transactions to the nearest five cents. If a transaction amount, including taxes, ends with one, two, six, or seven, it may be rounded down to the nearest five cents. If it ends with three, four, eight, or nine, it may be rounded up. Transactions totaling one or two cents must be rounded up to five cents. This rounding does not apply to transactions made with instruments like checks, credit cards, or gift cards.

Iowa SSB3143 allows rounding cash transactions to the nearest five cents in certain situations.

Iowa SSB3143 provides guidelines for rounding cash transactions to the nearest five cents. If a transaction amount, including taxes, ends with one, two, six, or seven, it may be rounded down to the nearest five cents. If it ends with three, four, eight, or nine, it may be rounded up. Transactions totaling one or two cents must be rounded up to five cents. This rounding does not apply to transactions made with instruments like checks, credit cards, or gift cards.