To Create Multiple Retainage Documents (Release Retainage for Multiple Documents)

You release retainage for multiple documents (invoices and credit memos) from which a part of an amount has been retained on the Release AR Retainage (AR510000) form. When the retainage is released, for each invoice with retainage, the system creates a retainage invoice with the specified amount for each invoice with retainage selected for processing during this procedure. For each credit memo with retainage, the system creates a retainage credit memo.
Note: The following procedure is applicable for AR documents for which the Pay by Line check box is cleared on the Invoices and Memos (AR301000) form.

To Create Multiple Retainage Documents (Release Retainage for Multiple Documents)

  1. Open the Release AR Retainage (AR510000) form.
  2. In the Selection area, in the Date box, select the date for which you want to create the retainage documents.

    The system fills in the Post Period box with the period of the selected date. You can change it, if necessary.

  3. In the Branch box, ensure that the system has specified the correct branch. By default, the system fills in the current branch. Specify another branch, or clear the box to view documents with retainage for all branches, if needed.
    Note: This box appears on the form only if the Multibranch Support feature is enabled on the Enable/Disable Features (CS100000) form.
  4. In the table, for each document for which you want to release retainage, check the Percent to Release or Retainage to Release column, and change the value in one of the columns, if necessary. The system recalculates the value in the other column.
  5. Do one of the following:
    • To release retainage for all listed documents, click Process All on the form toolbar.
    • To release retainage for particular documents, select the unlabeled check boxes in the rows of the required documents in the list, and click Process on the form toolbar.