Set Up Multiple Retainage Accounts

If you established multiple accounts receivable accounts to which to post invoice amounts, you can set up corresponding retainage accounts.

To set up multiple retainage accounts, complete the following steps:

1. From the Vision Navigation menu, click Info Center > Accounts > Chart of Accounts.
2. On the toolbar of the Chart of Accounts Info Center form, click New > New Account.
3. Enter the first retainage account, which should be an accounts receivable account such as 116.00 - Retainage Receivable.
4. Click Save.
5. Repeat steps 2-4 for each retainage account that corresponds to your accounts receivable accounts.

After you set up retainage accounts, map them in Configuration.