Rounding Option

This feature is for use with Progress Billing only.

  • No Rounding - Select this option if no rounding will occur on billings or retainage amounts.

  • Round Billing Only - Select this option to have billing amounts rounded to the nearest whole dollar.

Note: Use of this option does not round the bill’s “amount due”. Only the bill amounts are rounded. If retainage amounts are not rounded, the total “amount due” will reflect the dollars and cents.

  • 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 option is checked, retainage is rounded at the item level, and the total retainage is updated after all the item amounts have been rounded. If not checked, 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.

Note: Information entered here will update JB Contract Info.  

JC Contracts