Enable the Retainage Feature
To use the retainage feature, you must first enable it in Billing Settings.
To enable the retainage feature:
- In the Navigation pane, select .
- In the Global Billing Options section of the Options form, set Use Retainge to Yes.
- Click Save.
Postrequisites: After you turn on this feature, other setup that you must complete includes the following:
- Set up general ledger accounts for retainage in .
- Map retainage accounts to invoice and accounts receivable accounts in the Invoice Mapping Accounts section in .
- Set up retainage terms for a project on the More Calculations tab in .
Parent Topic: How to...