We give a complete classification of the spherical 3-manifolds that bound smooth rational homology 4-balls. Furthermore, we determine the order of spherical 3-manifolds in the rational homology cobordism group of rational homology 3-spheres. To this end, we use constraints for 3-manifolds to bound rational homology balls, induced from Donaldson`s diagonalization theorem and Heegaard Floer correction terms.