AP Bills with Retainage: Mass-Processing of Documents
The following section explains how to release retainage bills for multiple AP bills.
Mass-Releasing Retainage
To release retainage for multiple bills, you use the Release AP Retainage (AP510000) form. In the Selection area, you select the date for which you want to release the retainage. You can specify other selection criteria to filter the documents in the table, such as vendor and reference number.
In the table, for each bill for which you want to release retainage, you review the Percent to Release or Retainage to Release column, and change the value in either column, if necessary. If you change either value, the system automatically recalculates the other value accordingly. You then select the check boxes in the unlabeled column for the bills for which you want to release the retainage and click Process on the form toolbar. If you want to release the retainage for all listed bills, you click Process All on the form toolbar.