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Retention Retainage Holdback

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auto retainage bill entry

when entering a "regular" ap bill, it would be great if there was a box to check or something to have the system automatically enter a retainage bill instead of having to manually enter that.
Sue Kelly 4 days ago in Retention Retainage Holdback / Subcontract Invoices / Vendor Bills 0 Future consideration

Ability to Hold Retainage % on Purchase Orders (POs)

Please see also SAGECM-I-445. The request from John Masterson included a request to add the ability or option to hold retention on Procurement Purchase Orders similar to the way it is held on Procurement Subcontracts. This request separates the or...
David Holler about 1 year ago in Procurement / Retention Retainage Holdback 1 Future consideration

Sliding Scale retention (retainage)

Most contracts in New Zealand and Australia that have retention held are not a flat percentage being held across the contract. The common rules are NZ 10% up to $200,000 then 5% next $800,000 and 1.75% next $8,000,000 then nothing after that AUS 1...
Tim Smith over 1 year ago in Prime Contracts / Prime Invoices / Retention Retainage Holdback / Subcontract Invoices / Subcontracts 2 Future consideration

RETAINAGE TO BE PROPERLY IDENTIFIED ON CHECKStubs

It is industry standard to withhold retainage on subcontracts, the check stubs should reflect this amount being withheld - identifying it clearly as retainage.
Guest over 1 year ago in Retention Retainage Holdback / Subcontract Invoices 1 Future consideration