Introduction to Retainage (Payables) by Suite Engine

What is Retainage (a.k.a. Holdback) ?

Retainage (a.k.a. Holdback) refers to money slated for a project that is withheld until the client deems the work substantially complete and confirms that the contractor has satisfied the contract. It is meant to protect the client's investment in the event that a construction project runs into major problems.

How do we assist you?

Retainage (Payables) by Suite Engine is an application for Microsoft Dynamics 365 Business Central. It allows for managing multiple aspects of retainage on the payables side including posting purchase documents with retainage, keeping retainage records in the retainage sub-ledger, releasing retainage, applying/un-applying retainage documents for retainage, and reporting on outstanding retainage.

Note

The application works for the system "Base" (domestic) currency only. This Help File version is applicable to the US and Canada. For W1 Help Files applicable to other countries, click United Arab Emirates, Australia, Great Britain, New Zealand For Retainage Receivable Help Files, click here

• There is only 1 version of Retainage Receivables Help Files (and 1 version of the software)