Calculations

Specify how the system calculates values.

Order of MCD, Retention, and VAT Calc.

Enter a value from the Order of Calculation (74U/OC) UDC table to specify whether to calculate MCD before retention. Values are:

M: Calculate MCD, then retention, then VAT.

R: Calculate retention, then MCD, then VAT.

Main Contractor Discount Percent

Specify the main contractor discount percentage to use for all subcontract purchase order lines.

Important: Oracle recommends that you leave this field blank.

Calculation Type

Select whether to calculate retention on a cumulative or period basis. Options are:

Periodic Retention

Cumulative Retention