Enable retainage on customer transaction definitions

You can enable retainage on Accounts Receivable transaction definitions so that Order Entry sales orders and AR sales invoices include retainage fields in the relevant order and AR sales invoice pages. Contract administrators and billing clerks can then enter the relevant retainage percentage for each item.

Subscription
  • Projects, Module: Project Costing
  • Accounts Receivable
User type
  • Business user with admin privileges
Permissions
  • List: enables visibility to retainage
  • View, add, edit, and delete: controls who can enable retainage
Tip
  • Enable retainage on all documents in your workflow (from the order to the final AR sales invoice).
  • Disable retainage if transaction definitions include:
    • Apportioned subtotals
    • Backorder in cases of partial conversion
    • AR sales invoices with activated renewals
    • When line item conversion is selected
  1. Go to Order Entry > Setup > More, and select Add (circle) next to Transaction definitions.
  2. Enter the desired information in the applicable fields. At a minimum, you must enter a Template name to save the transaction definition.
  3. If this transaction will post, enter the applicable posting information.
  4. If you want to set document permissions, user and group permissions, or both for this transaction definition, enter security information.
  5. Multi-entity only: If you want to specify entity settings for this transaction definition, enter entity information.
  6. Check the box next to Enable retainage.
  7. When you have completed entering the transaction definition information, select Save.