Pennies

[Tims43210]

Now that pennies will stop being produced soon.   Does Toast have a rounding plan in place? Banks are already warning of shortages. 

[DerrickMancini]

This is the correct response, we hope that Toast can get the pilot out quickly, and have a final solution before the end of Q2.

[nbunda]

We've decided to optimize our menu pricing to always come out to a multiple of 0.05 after tax is calculated. It will help some, but will still cause some issues when certain items are combined, or when guests are tax exempt. In the meantime we have signage encouraging credit card use, and will round mentally in those one-off scenarios.

[escoop]

"round mentally"? Please, can you share your mental math wizards with me?  I need these employees!

[Deagan]

Is the work around still coming in early April.  Avoiding the penny 'work around' would really like this to be seamless for guest and our staff.

[LostPizza]

Good Morning Rob,

Over the weekend, I was asking the AI if the cash rounding was available yet, and it said "yes".  Here is a section of what it said. 

To set up the automated cash rounding (the service charge), do this in Toast Web: 

1. Go to Payments → Cash rounding → Set up cash rounding.
2. Pick a rounding strategy:
   • Always round up
   • Always round down
   • Round to the nearest nickel
3. Save your changes.

That’s it. After that, when a guest pays cash, the system will automatically apply a cash rounding service charge to round the change due to the nearest five cents (only when the change isn’t already ending in 0 or 5). 

It even gives sources, but I am not seeing this in my options for any location.  Is this still something being worked on or is it something in beta testing that we can join?

Thanks for any help

Ryan