Retainage Accounting by Projects

“Projects” (historically called “Jobs”) is a base Business Central functionality. You can manage Retainage calculation and tracking at the Project level using the "Suite Engine Retainage Receivable" application.

This means that even if the same customer is on different Projects, you can define the Retainage level you wish at the Project level. If the "Project No." ends up in the headers of the sales documents, the Project-based Retainage definition will be calculated.

There are two methods of using the Project with Sale transactions:

1. Push – from the Project (Planning Lines) create the sales document using base Business Central functionality.
2. Pull – start at the sales document and enter the Project into the Header.

Learn more about project management in Business Central.