How to Clear the Rounding Account in Xero

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The simplest way to clear the Rounding account in Xero is by voiding its corresponding transaction. Here’s a quick guide on how to do it:

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1. On Xero's main dashboard, head over to the top menu bar and click 'Accounting'.
2. Select 'Chart of Accounts' from the list of options.
3. After that, find the 'Rounding' account and tap the indicated YTD next to it.
4. Subsequently, tap the transaction.
5. Go to the top-right corner afterwards, then click the 'More Options' button.
6. Pick 'Void' to proceed.
7. Once again, click 'Void' to confirm your request.
8. After completing these steps, your Xero Rounding account will be cleared instantly.