My question relates to this: How to say "pay exact amount of money"
Now my question is from the payers point of view, not the payee.
During my latest trip I literally said to the the bartender "It's exact". I was referring to the amount of money I gave him, which equaled the amount of money the bartender asked me to pay for the drinks. My girlfriend laughed with me for my supposedly broken English.
Was the phrase "It's exact" correct in this situation?