This field is for use with Progress Billing only.
No Rounding - Select this option if rounding should not occur on billings or retainage amounts.
Round Billing Only - Select this option to have billing amounts rounded to the nearest whole dollar.
Round Billing and Retainage - Select this option to have billing and retainage amounts rounded to the nearest whole dollar. Retainage will be rounded based on the Report Retainage at Item Level option (above). If the Report Retainage at Item Level check box is selected, retainage is rounded at the item level and the total retainage is updated after all the item amounts have been rounded. If the check box is not selected, retainage is rounded at the contract level and the item’s retainage is rounded, with the difference between the rounded contract retainage and total items’ retainage added to the last item so that total retainage is equal to the retainage total of the items.
For related information, see About the JB Contract Info Form.