Enter a Client's Retainer Payment in Cash Receipts Transaction Entry

When you have enabled and set up the Retainer feature on your Deltek Vision system, you can enter clients’ retainers in Cash Receipts Transaction Entry.

To enter a client’s retainer payment, complete the following steps:

1. From the Vision Navigation menu, click Transaction Center > Transaction Entry.
2. In the Transaction Type field on the Transaction Entry form, select Cash Receipts.
3. Click New and complete the fields on the New File dialog box.
4. In the Control Total field, enter the full amount of the retainer.
5. Click OK.
6. On the Cash Receipts form, enter the Reference, Date, and Bank.
7. In the first row of the Cash Receipts grid, enter the Project/Phase/Task, Account, and Amount. Make sure that the Retainer option is selected and that the Interest option is not selected. The Description field is optional. The Invoice field is not available. The Account is the Retainer account.
8. Click Save.