SL Retainage Adjustment
SL Retainage Adjustment updates retainage percentages for subcontracts on a job (or a specific subcontract) without reworking the original entry line by line.
Before you start
- Know the job or subcontract and the new retainage percent from the contract.
Steps
- Open SL Retainage Adjustment.
- Select the job or subcontract.
- Enter the new retainage percentage.
- Review the proposed changes.
- Submit/save to apply the new percentages.
Notes
- Wrong job or subcontract selection updates retainage on the wrong commitments.
- New percentages should match contractual agreements.