Releasing AP Retention

AP Release Retainage (retention release) makes retained invoice amounts available for payment once release conditions are met.

Before you start

• Invoices have retainage eligible to release.
• Know whether you are releasing by percent, amount, or percent of each invoice.

Steps

1. Open AP Release Retainage.
2. Filter by job, vendor, or payment control as needed.
3. Choose the release option: percent of total, a specific amount, or percent of each invoice.
4. Fill the grid with retainage-related invoices to include.
5. Update lines to the amount or percent to release.
6. Process the batch: validate, preview reports, then Post.

Notes

• After posting, released amounts can be selected in the payment workfile like other open payables.