Retainage Calculations
These equations illustrate how the system calculated retainage amounts for change order 000:
Billing Line |
(Net Amount) × (Retainage Table A) = (Retainage Amount) |
---|---|
001 |
2,000.00 × 0.10 = 200.00 |
002 |
1,000.00 × 0.10 = 100.00 |