AR Invoices with Retainage: Mass-Processing of Documents

The following section explains how to release retainage for multiple AR invoices.

Mass-Releasing Retainage

To release retainage for multiple invoices, you use the Release AR Retainage (AR510000) form. In the Selection area, you select the date for which you want to create the retainage invoices. You can specify other selection criteria to filter the documents in the table, such as customer, project, project task, account group, cost code, and inventory ID. In the Retainage Percent box, you also can specify the percentage of retainage to be released for all invoices in the table; this percentage can be overridden for any invoice.

In the table, for each invoice for which you want to release retainage, you should 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 invoices 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 invoices, you click Process All on the form toolbar.