öresutjämning

English translation: rounding-off to the nearest whole (Swedish) crown (or krona)

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Swedish term or phrase:öresutjämning
English translation:rounding-off to the nearest whole (Swedish) crown (or krona)
Entered by: Alan Dickey (X)

08:50 Mar 7, 2019
Swedish to English translations [Non-PRO]
Bus/Financial - Finance (general) / a student finance website
Swedish term or phrase: öresutjämning
"ej momsgrundandeöresutjämning" is how it is written in the context, in a student finance webpage on CSN

Non-VAT something?
Alan Dickey (X)
France
Local time: 21:00
rounding-off to the nearest whole (Swedish) crown (or krona)
Explanation:
Given that no currency of a unit smaller than a whole crown is currently issued, invoices that amount to an oblique sum, such as SEK 412.83 will be rounded to SEK 413. This extra SEK 0.17 is not subject to VAT.
Selected response from:

Paul Lambert
Sweden
Local time: 21:00
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
4rounding-off to the nearest whole (Swedish) crown (or krona)
Paul Lambert


  

Answers


3 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
rounding-off to the nearest whole (Swedish) crown (or krona)


Explanation:
Given that no currency of a unit smaller than a whole crown is currently issued, invoices that amount to an oblique sum, such as SEK 412.83 will be rounded to SEK 413. This extra SEK 0.17 is not subject to VAT.


Paul Lambert
Sweden
Local time: 21:00
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 42

Peer comments on this answer (and responses from the answerer)
neutral  Christopher Schröder: As discussed in the previous question, the two are separate items
4 hrs
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