Retainage in Business ByDesign

[Former Member]

Hi Experts,

Any document available for Retainage in Supplier invoicing.

Our help center is currently not working.

Any document in Knowledge base??

Thanks

Chaitanya

[Former Member]

Dear Chaitanya,

You can achieve this by payment terms in supplier invoice.

Fine tuning activity ------> suppliers -----------> Define Payment Terms for Procurement

Check the help document titled Suppliers — Configuration Guide

Regards

Leo

[carolcasey]

I'm looking for how to setup a supplier with a default retainage of say 10%. Payment Terms are for entire amount of the invoice. Any ideas so you don't have to do it manually on each invoice?