diff --git a/accounting.js b/accounting.js
index fd181fd..8b3afd0 100644
--- a/accounting.js
+++ b/accounting.js
@@ -31,13 +31,15 @@
 			decimal : ".",		// decimal point separator
 			thousand : ",",		// thousands separator
 			precision : 2,		// decimal places
-			grouping : 3		// digit grouping (not implemented yet)
+			grouping : 3,		// digit grouping (not implemented yet)
+			round : 0
 		},
 		number: {
 			precision : 0,		// default precision on numbers is 0
 			grouping : 3,		// digit grouping (not implemented yet)
 			thousand : ",",
-			decimal : "."
+			decimal : ".",
+			round : 0
 		}
 	};
 
@@ -169,7 +171,7 @@
 	 * Alias: `accounting.parse(string)`
 	 *
 	 * Decimal must be included in the regular expression to match floats (defaults to
-	 * accounting.settings.number.decimal), so if the number uses a non-standard decimal 
+	 * accounting.settings.number.decimal), so if the number uses a non-standard decimal
 	 * separator, provide it as the second argument.
 	 *
 	 * Also matches bracketed negatives (eg. "$ (1.99)" => -1.99)
@@ -208,16 +210,28 @@
 
 
 	/**
-	 * Implementation of toFixed() that treats floats more like decimals
+	 * Implementation of xed() that treats floats more like decimals
 	 *
-	 * Fixes binary rounding issues (eg. (0.615).toFixed(2) === "0.61") that present
+	 * Fixes binary rounding issues (eg. (0.615).xed(2) === "0.61") that present
 	 * problems for accounting- and finance-related software.
 	 */
-	var toFixed = lib.toFixed = function(value, precision) {
+	var toFixed = lib.toFixed = function(value, precision, round) {
 		precision = checkPrecision(precision, lib.settings.number.precision);
 
 		var exponentialForm = Number(lib.unformat(value) + 'e' + precision);
-		var rounded = Math.round(exponentialForm);
+		var roundMethod
+
+		if (round > 0) {
+			roundMethod = Math.ceil
+		}
+		else if (round < 0) {
+			roundMethod = Math.floor
+		}
+		else {
+			roundMethod = Math.round
+		}
+
+		var rounded = roundMethod(exponentialForm);
 		var finalResult = Number(rounded + 'e-' + precision).toFixed(precision);
 		return finalResult;
 	};
@@ -230,11 +244,11 @@
 	 * Localise by overriding the precision and thousand / decimal separators
 	 * 2nd parameter `precision` can be an object matching `settings.number`
 	 */
-	var formatNumber = lib.formatNumber = lib.format = function(number, precision, thousand, decimal) {
+	var formatNumber = lib.formatNumber = lib.format = function(number, precision, thousand, decimal, round) {
 		// Resursively format arrays:
 		if (isArray(number)) {
 			return map(number, function(val) {
-				return formatNumber(val, precision, thousand, decimal);
+				return formatNumber(val, precision, thousand, decimal,round);
 			});
 		}
 
@@ -246,7 +260,8 @@
 				(isObject(precision) ? precision : {
 					precision : precision,
 					thousand : thousand,
-					decimal : decimal
+					decimal : decimal,
+					round : round
 				}),
 				lib.settings.number
 			),
@@ -256,11 +271,11 @@
 
 			// Do some calc:
 			negative = number < 0 ? "-" : "",
-			base = parseInt(toFixed(Math.abs(number || 0), usePrecision), 10) + "",
+			base = parseInt(toFixed(Math.abs(number || 0), usePrecision, opts.round), 10) + "",
 			mod = base.length > 3 ? base.length % 3 : 0;
 
 		// Format the number:
-		return negative + (mod ? base.substr(0, mod) + opts.thousand : "") + base.substr(mod).replace(/(\d{3})(?=\d)/g, "$1" + opts.thousand) + (usePrecision ? opts.decimal + toFixed(Math.abs(number), usePrecision).split('.')[1] : "");
+		return negative + (mod ? base.substr(0, mod) + opts.thousand : "") + base.substr(mod).replace(/(\d{3})(?=\d)/g, "$1" + opts.thousand) + (usePrecision ? opts.decimal + toFixed(Math.abs(number), usePrecision, opts.round).split('.')[1] : "");
 	};
 
 
@@ -275,11 +290,11 @@
 	 *
 	 * To do: tidy up the parameters
 	 */
-	var formatMoney = lib.formatMoney = function(number, symbol, precision, thousand, decimal, format) {
+	var formatMoney = lib.formatMoney = function(number, symbol, precision, thousand, decimal, format, round) {
 		// Resursively format arrays:
 		if (isArray(number)) {
 			return map(number, function(val){
-				return formatMoney(val, symbol, precision, thousand, decimal, format);
+				return formatMoney(val, symbol, precision, thousand, decimal, format, round);
 			});
 		}
 
@@ -293,7 +308,8 @@
 					precision : precision,
 					thousand : thousand,
 					decimal : decimal,
-					format : format
+					format : format,
+					round : round
 				}),
 				lib.settings.currency
 			),
@@ -305,7 +321,7 @@
 			useFormat = number > 0 ? formats.pos : number < 0 ? formats.neg : formats.zero;
 
 		// Return with currency symbol added:
-		return useFormat.replace('%s', opts.symbol).replace('%v', formatNumber(Math.abs(number), checkPrecision(opts.precision), opts.thousand, opts.decimal));
+		return useFormat.replace('%s', opts.symbol).replace('%v', formatNumber(Math.abs(number), checkPrecision(opts.precision), opts.thousand, opts.decimal, opts.round));
 	};
 
 
@@ -321,7 +337,7 @@
 	 * NB: `white-space:pre` CSS rule is required on the list container to prevent
 	 * browsers from collapsing the whitespace in the output strings.
 	 */
-	lib.formatColumn = function(list, symbol, precision, thousand, decimal, format) {
+	lib.formatColumn = function(list, symbol, precision, thousand, decimal, format, round) {
 		if (!list || !isArray(list)) return [];
 
 		// Build options object from second param (if object) or all params, extending defaults:
@@ -331,7 +347,8 @@
 					precision : precision,
 					thousand : thousand,
 					decimal : decimal,
-					format : format
+					format : format,
+					round: round
 				}),
 				lib.settings.currency
 			),
@@ -358,7 +375,7 @@
 					var useFormat = val > 0 ? formats.pos : val < 0 ? formats.neg : formats.zero,
 
 						// Format this value, push into formatted list and save the length:
-						fVal = useFormat.replace('%s', opts.symbol).replace('%v', formatNumber(Math.abs(val), checkPrecision(opts.precision), opts.thousand, opts.decimal));
+						fVal = useFormat.replace('%s', opts.symbol).replace('%v', formatNumber(Math.abs(val), checkPrecision(opts.precision), opts.thousand, opts.decimal, opts.round));
 
 					if (fVal.length > maxLength) maxLength = fVal.length;
 					return fVal;
diff --git a/accounting.min.js b/accounting.min.js
index 8e09b86..053c20b 100644
--- a/accounting.min.js
+++ b/accounting.min.js
@@ -1,4 +1,4 @@
 /*!
  * accounting.js v0.4.2, copyright 2014 Open Exchange Rates, MIT license, http://openexchangerates.github.io/accounting.js
  */
-(function(p,z){function q(a){return!!(""===a||a&&a.charCodeAt&&a.substr)}function m(a){return u?u(a):"[object Array]"===v.call(a)}function r(a){return"[object Object]"===v.call(a)}function s(a,b){var d,a=a||{},b=b||{};for(d in b)b.hasOwnProperty(d)&&null==a[d]&&(a[d]=b[d]);return a}function j(a,b,d){var c=[],e,h;if(!a)return c;if(w&&a.map===w)return a.map(b,d);for(e=0,h=a.length;e<h;e++)c[e]=b.call(d,a[e],e,a);return c}function n(a,b){a=Math.round(Math.abs(a));return isNaN(a)?b:a}function x(a){var b=c.settings.currency.format;"function"===typeof a&&(a=a());return q(a)&&a.match("%v")?{pos:a,neg:a.replace("-","").replace("%v","-%v"),zero:a}:!a||!a.pos||!a.pos.match("%v")?!q(b)?b:c.settings.currency.format={pos:b,neg:b.replace("%v","-%v"),zero:b}:a}var c={version:"0.4.1",settings:{currency:{symbol:"$",format:"%s%v",decimal:".",thousand:",",precision:2,grouping:3},number:{precision:0,grouping:3,thousand:",",decimal:"."}}},w=Array.prototype.map,u=Array.isArray,v=Object.prototype.toString,o=c.unformat=c.parse=function(a,b){if(m(a))return j(a,function(a){return o(a,b)});a=a||0;if("number"===typeof a)return a;var b=b||".",c=RegExp("[^0-9-"+b+"]",["g"]),c=parseFloat((""+a).replace(/\((.*)\)/,"-$1").replace(c,"").replace(b,"."));return!isNaN(c)?c:0},y=c.toFixed=function(a,b){var b=n(b,c.settings.number.precision),d=Math.pow(10,b);return(Math.round(c.unformat(a)*d)/d).toFixed(b)},t=c.formatNumber=c.format=function(a,b,d,i){if(m(a))return j(a,function(a){return t(a,b,d,i)});var a=o(a),e=s(r(b)?b:{precision:b,thousand:d,decimal:i},c.settings.number),h=n(e.precision),f=0>a?"-":"",g=parseInt(y(Math.abs(a||0),h),10)+"",l=3<g.length?g.length%3:0;return f+(l?g.substr(0,l)+e.thousand:"")+g.substr(l).replace(/(\d{3})(?=\d)/g,"$1"+e.thousand)+(h?e.decimal+y(Math.abs(a),h).split(".")[1]:"")},A=c.formatMoney=function(a,b,d,i,e,h){if(m(a))return j(a,function(a){return A(a,b,d,i,e,h)});var a=o(a),f=s(r(b)?b:{symbol:b,precision:d,thousand:i,decimal:e,format:h},c.settings.currency),g=x(f.format);return(0<a?g.pos:0>a?g.neg:g.zero).replace("%s",f.symbol).replace("%v",t(Math.abs(a),n(f.precision),f.thousand,f.decimal))};c.formatColumn=function(a,b,d,i,e,h){if(!a)return[];var f=s(r(b)?b:{symbol:b,precision:d,thousand:i,decimal:e,format:h},c.settings.currency),g=x(f.format),l=g.pos.indexOf("%s")<g.pos.indexOf("%v")?!0:!1,k=0,a=j(a,function(a){if(m(a))return c.formatColumn(a,f);a=o(a);a=(0<a?g.pos:0>a?g.neg:g.zero).replace("%s",f.symbol).replace("%v",t(Math.abs(a),n(f.precision),f.thousand,f.decimal));if(a.length>k)k=a.length;return a});return j(a,function(a){return q(a)&&a.length<k?l?a.replace(f.symbol,f.symbol+Array(k-a.length+1).join(" ")):Array(k-a.length+1).join(" ")+a:a})};if("undefined"!==typeof exports){if("undefined"!==typeof module&&module.exports)exports=module.exports=c;exports.accounting=c}else"function"===typeof define&&define.amd?define([],function(){return c}):(c.noConflict=function(a){return function(){p.accounting=a;c.noConflict=z;return c}}(p.accounting),p.accounting=c)})(this);
+!function(n,r){function e(n){return!!(""===n||n&&n.charCodeAt&&n.substr)}function t(n){return l?l(n):"[object Array]"===p.call(n)}function o(n){return n&&"[object Object]"===p.call(n)}function u(n,r){var e;n=n||{},r=r||{};for(e in r)r.hasOwnProperty(e)&&null==n[e]&&(n[e]=r[e]);return n}function a(n,r,e){var t,o,u=[];if(!n)return u;if(f&&n.map===f)return n.map(r,e);for(t=0,o=n.length;o>t;t++)u[t]=r.call(e,n[t],t,n);return u}function i(n,r){return n=Math.round(Math.abs(n)),isNaN(n)?r:n}function c(n){var r=s.settings.currency.format;return"function"==typeof n&&(n=n()),e(n)&&n.match("%v")?{pos:n,neg:n.replace("-","").replace("%v","-%v"),zero:n}:n&&n.pos&&n.pos.match("%v")?n:e(r)?s.settings.currency.format={pos:r,neg:r.replace("%v","-%v"),zero:r}:r}var s={};s.version="0.4.2",s.settings={currency:{symbol:"$",format:"%s%v",decimal:".",thousand:",",precision:2,grouping:3,round:0},number:{precision:0,grouping:3,thousand:",",decimal:".",round:0}};var f=Array.prototype.map,l=Array.isArray,p=Object.prototype.toString,m=s.unformat=s.parse=function(n,r){if(t(n))return a(n,function(n){return m(n,r)});if(n=n||0,"number"==typeof n)return n;r=r||s.settings.number.decimal;var e=new RegExp("[^0-9-"+r+"]",["g"]),o=parseFloat((""+n).replace(/\((?=\d+)(.*)\)/,"-$1").replace(e,"").replace(r,"."));return isNaN(o)?0:o},d=s.toFixed=function(n,r,e){r=i(r,s.settings.number.precision);var t,o=Number(s.unformat(n)+"e"+r);t=e>0?Math.ceil:0>e?Math.floor:Math.round;var u=t(o),a=Number(u+"e-"+r).toFixed(r);return a},g=s.formatNumber=s.format=function(n,r,e,c,f){if(t(n))return a(n,function(n){return g(n,r,e,c,f)});n=m(n);var l=u(o(r)?r:{precision:r,thousand:e,decimal:c,round:f},s.settings.number),p=i(l.precision),h=0>n?"-":"",b=parseInt(d(Math.abs(n||0),p,l.round),10)+"",y=b.length>3?b.length%3:0;return h+(y?b.substr(0,y)+l.thousand:"")+b.substr(y).replace(/(\d{3})(?=\d)/g,"$1"+l.thousand)+(p?l.decimal+d(Math.abs(n),p,l.round).split(".")[1]:"")},h=s.formatMoney=function(n,r,e,f,l,p,d){if(t(n))return a(n,function(n){return h(n,r,e,f,l,p,d)});n=m(n);var b=u(o(r)?r:{symbol:r,precision:e,thousand:f,decimal:l,format:p,round:d},s.settings.currency),y=c(b.format),v=n>0?y.pos:0>n?y.neg:y.zero;return v.replace("%s",b.symbol).replace("%v",g(Math.abs(n),i(b.precision),b.thousand,b.decimal,b.round))};s.formatColumn=function(n,r,f,l,p,d,h){if(!n||!t(n))return[];var b=u(o(r)?r:{symbol:r,precision:f,thousand:l,decimal:p,format:d,round:h},s.settings.currency),y=c(b.format),v=y.pos.indexOf("%s")<y.pos.indexOf("%v")?!0:!1,x=0,M=a(n,function(n,r){if(t(n))return s.formatColumn(n,b);n=m(n);var e=n>0?y.pos:0>n?y.neg:y.zero,o=e.replace("%s",b.symbol).replace("%v",g(Math.abs(n),i(b.precision),b.thousand,b.decimal,b.round));return o.length>x&&(x=o.length),o});return a(M,function(n,r){return e(n)&&n.length<x?v?n.replace(b.symbol,b.symbol+new Array(x-n.length+1).join(" ")):new Array(x-n.length+1).join(" ")+n:n})},"undefined"!=typeof exports?("undefined"!=typeof module&&module.exports&&(exports=module.exports=s),exports.accounting=s):"function"==typeof define&&define.amd?define([],function(){return s}):(s.noConflict=function(e){return function(){return n.accounting=e,s.noConflict=r,s}}(n.accounting),n.accounting=s)}(this);