How does ROUND function handle positive and negative numbers?

The ROUND function in many programming and spreadsheet environments, including NetSuite, handles both positive and negative numbers by rounding them to a specified number of decimal places. When rounding positive numbers, the function rounds to the nearest value, moving right from the decimal point. For negative numbers, the rounding goes left, moving towards zero.

This means that when you employ the ROUND function on a positive number, it can adjust the decimal places to the right, effectively rounding to a higher precision if needed. Conversely, for negative numbers, rounding shifts left of the decimal, which might reduce the absolute value of the number, effectively moving it closer to zero. This functionality is essential for financial calculations where precise rounding is needed for both positive and negative monetary values.

Understanding how ROUND operates with positive and negative numbers can help in accurately interpreting financial results or reports generated in NetSuite, where precise calculations matter significantly.