Retainage Release Invoice
Summary:
Hi,
I was Testing "Retainage Release" invoice and have few queries.
First off, it is mentioned that in order to create a Retainage Release invoice we must create a PO based invoice with Retention % mention in the PO.
For that I had to create a new PO document style to include retention but still retention was not displayed in the PO. (Checked the Distribution Tab in line level)
Upon further analysis, it was mentioned that I had to enable Retainage and specify Retainage Liability account and Retainage Release account in
Setup and Maintenance → Financials Offering → Payables Functional Area → Manage Payables Options.