Invoicing Customers for Outstanding Retainage

Learn more

About Posting Batches

About Processing Retainage

You can invoice outstanding retainage amounts automatically using the A/R Create Retainage Batch screen.

Notes:

To create a batch of retainage documents:

  1. Open Accounts Receivable > Periodic Processing > Create Retainage Batch.
  2. Specify the run date for this retainage batch.
  3. Specify the types of original retainage documents for which you are now processing outstanding retainage.
  4. Choose the type of record by which to select outstanding retainage for processing, and then enter the range of records from which to select outstanding retainage.
  5. In the Number of Days in Advance field, specify the number of days in advance of the retainage due date that retainage documents can be created.
  6. Click Process to create the batch.

    Accounts Receivable updates the Last Invoiced field on the Retainage tab of the A/R Options screen.