[AP] Enable Retainage for Payable Invoices

Created by Crystal Millington, Modified on Mon, 29 Dec at 4:51 PM by Crystal Millington

How to Set Up Retainage for Payable Invoices

Create a Hold Code for Retainage:
- Go to the HQ Hold Codes form.
- Set up a hold code specifically for retainage.

Enter the retainage hold code in the Retainage Hold Code field in the AP Company Parameters form (PayTypes/Discounts/ICR tab).
Set up a pay type for retainage in the AP Payable Types form.
Enter the retainage payable type in the Retainage field in of the AP Company Parameters form (Pay Types/Discounts/ICR tab).

You can now apply retainage to transactions in any of the AP Transaction Entry, AP Unapproved Invoice Entry, and AP Recurring Invoice Entry forms.