Common use of Invoice Rounding Clause in Contracts

Invoice Rounding. Wholesaler is required to have invoicing procedures that follow standard rounding methodology. The standard invoicing methodology will round down if the third digit after the decimal is 4 or less and round up if the third digit after the decimal is 5 or more. Wholesaler agrees that any rounding will occur at the line item.

Appears in 2 contracts

Sources: Pharmaceutical Prime Wholesaler Services Contract, Pharmaceutical Wholesaler Services Contract