Billing Tab - Other Fields |
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•Retention Adjustment % This field is used to adjust the retention percentages on contract billings and can be very useful for handling retention reductions during the course of a project and for handling fractional retention percentages such as 2.5%. The detail items in AccuBuild only handle whole numbers for retention percentages so you must use the Retention Adjustment % field in order to calculate fractions. The setting in this field is a percentage that must be between 1 and 99.
This field will work in conjunction with the retention percentage field of each contract line item by multiplying the item's retention percentage times the adjustment percentage. For example, if you need to hold 2.5 % retention on each line item, set up each detail item as 10% retention and then enter 25% in the Retention Adjustment % field which would then compute the retention at 2.5% (25% of 10%).
To change the retention percentage on all contract billings items of a single job to a whole number, use the Job Cost > Update Jobs > Detail Items > Edit Retention % feature.
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