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Retainage Release Invoice

edited Sep 13, 2025 1:42AM in Payables, Payments & Cash Management 1 comment

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.

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