Rounding Code F/M (SMF610)

Use Rounding Code F/M (SMF610) to enter rounding code information for contract pricing. This maintenance program allows you to establish rounding rules for contract prices, then indicate on the contract which rounding code (if any) to use.

You can set rounding rules by several methods:

• The percentage change limit for action, and you can indicate the action to be taken when the percentage change limit is reached
  
• The dollar minimum to met for action to be required and you can indicate the action to be taken when the percentage change limit is reached.
  
• The program or algorithm to use for the rounding rule.
  
• How to round dollars and/or cents for contract pricing.
  

For more information how to use maintenances, refer to this topic.

Using file maintenance programs