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JB Release Retainage

JB Release Retainage releases retainage that was withheld on previously interfaced billings so it can be included on a current billing. Choose Contract (contract-level release; fills every item) or Item (per contract-item grid). Open it from JB Programs under Billing → Retainage (not the Progress Bill Retainage Totals form).

Item retainage % on JB Progress Billing and maximum retention setup are separate topics (Progress Bill Retainage Totals / Applying Maximum Retention).

Before you start​

  • A bill exists that still has open retainage available to release (typically after prior bills were interfaced).
  • Prefer an open bill month. Closed-month (or month closed in subledgers) bills show a warning and disable entry fields — create a new bill in an open month (even with zero bill amounts), then release retainage on that bill.
  • Reverse Previously Released Retainage is enabled only for Active bills. You cannot reverse retainage on a closed-month or already-interfaced bill except by releasing on a new open-month bill.
  • Know whether AR Company Parameters Release Retainage to Current A/R is checked: if checked, available retainage includes amounts on released-retainage billings; if not, those amounts are excluded.

Release by contract​

  1. Open JB Release Retainage.
  2. Enter Bill Month and Bill Number (open retainage appears under Release by Contract).
  3. Select Contract.
  4. Enter one of % Released This Bill, Amount Released This Bill, or Net Retainage This Bill — changing one recalculates the others. Overriding Amount recalculates %; overriding Net Retainage recalculates both % and Amount.
  5. Click Update. The system applies the release across each item in the grid.
  6. Run JB Batch Process so AR is updated (see JB Interface for the broader interface path).

Release by item​

  1. Enter Bill Month and Bill Number.
  2. Select Item.
  3. On each grid row, enter % Released or Amount Released, then save the item. Contract-level totals update from the item rows.
  4. Run JB Batch Process to update AR.

Reverse previously released retainage​

  • Check Reverse Previously Released Retainage on an Active bill only.
  • Enter % fields as a positive value; enter Amount fields as a negative value.

Totals (About help)​

  • Total Net Retainage available to release = Previous Net Retainage (open retainage) + This Bill Net Retainage.
  • Field labels vary slightly across help pages (% Released This Bill / Amt Released / Net Retainage This Bill) — same three contract fields.

Hard rules​