Retainage Calculations

This equation shows how the system calculated retainage amounts for change order 000, billing line 001:

Billing Line	(Net Amount) × (Retainage Table B) = (Retainage Amount)
001	3,000.00 × 0.15 = 450.00

These equations illustrate how the system calculated retainage amounts for change order 000, billing lines 002 through 004 and 007:

Billing Line	(Net Amount) × (Retainage Table A) = (Retainage Amount)
002	78.00 × 0.10 = 7.80
003	275.00 × 0.10 = 27.50
004	455.00 × 0.10 = 45.50
007	750.00 × 0.10 = 75.00

This equation shows how the system calculated retainage amounts for change order 001:

Billing Line	(Net Amount) × (Retainage Table C) = (Retainage Amount)
001	100.00 × 0.05 = 5.00