If the data date is earlier than the BL Start, the Schedule % Complete is 0. If the data date is later than the BL Finish, the Schedule % Complete is 100. The Schedule % Complete indicates how much of the activity duration should be currently completed, relative to the selected baseline

The Baseline that is used in this calculation is defined by accessing Enterprise, Projects and clicking on the Settings tab in the Project Details.

Schedule % Complete = (Current DD - BL Start) / BL Duration