Creating Retentions in the Billing Schedule

When retentions are active, additional columns are available on the Billing Schedule tab and a Retention Levels button appears on the toolbar:

To set the retention values for a row, highlight the row and click the Retention Levels button. The Job Retention Levels window appears:

Either click Set to Defaults to pick up the base rates established earlier or enter the default levels and rates manually. Click Apply.

The retention rates and computed dollar amounts appear in the various Retention columns on the Billing Schedule tab. These columns are not editable, but may be reset using the Retention Levels button again.

When the tax invoice is created for a row containing retentions, the retention value shows as a deduction on the invoice. This utilises a stock item with code RETENTION (this item is automatically created in your database).