diff --git a/frappe/public/js/frappe/misc/number_format.js b/frappe/public/js/frappe/misc/number_format.js
index 86d61fd7b9..97241d5bb1 100644
--- a/frappe/public/js/frappe/misc/number_format.js
+++ b/frappe/public/js/frappe/misc/number_format.js
@@ -178,7 +178,7 @@ function _round(num, precision) {
     var m = Math.pow(10, d);
     var n = +(d ? num * m : num).toFixed(8); // Avoid rounding errors
     var i = Math.floor(n), f = n - i;
-    var r = (f == 0.5) ? ((i % 2 == 0) ? i : i + 1) : Math.round(n);
+    var r = (!precision && f == 0.5) ? ((i % 2 == 0) ? i : i + 1) : Math.round(n);
     return d ? r / m : r;
 }
 
diff --git a/frappe/utils/data.py b/frappe/utils/data.py
index c7c880d57a..b667912f13 100644
--- a/frappe/utils/data.py
+++ b/frappe/utils/data.py
@@ -185,12 +185,14 @@ def flt(s, precision=None):
 	"""Convert to float (ignore commas)"""
 	if isinstance(s, basestring):
 		s = s.replace(',','')
+
 	try:
 		num = float(s)
 		if precision is not None:
 			num = rounded(num, precision)
 	except Exception:
 		num = 0
+
 	return num
 
 def cint(s):
@@ -210,7 +212,7 @@ def cstr(s):
 		return unicode(s)
 
 def rounded(num, precision=0):
-	"""round method for round halfs to nearest even algorithm"""
+	"""round method for round halfs to nearest even algorithm aka banker's rounding - compatible with python3"""
 	precision = cint(precision)
 	multiplier = 10 ** precision
 
@@ -220,7 +222,7 @@ def rounded(num, precision=0):
 	floor = math.floor(num)
 	decimal_part = num - floor
 
-	if decimal_part == 0.5:
+	if not precision and decimal_part == 0.5:
 		num = floor if (floor % 2 == 0) else floor + 1
 	else:
 		num = round(num)