Processing AP Bills with Retainage

In the construction industry, it is sometimes necessary to withhold a portion of the contract amount until the work has been completed to assure that the vendor will satisfy its obligations and complete a particular project. In MYOB Advanced, if the Retainage Support feature is enabled on the Enable/Disable Features (CS100000) form, you can process bills with retained amounts and track retainage by document line. This feature can be used only with the Acumatica ERP Construction Edition.