Payables and Cash Management - EBS (MOSC)

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how to apply interest on retainage amount to be given to supplier?

edited Nov 10, 2015 10:16AM in Payables and Cash Management - EBS (MOSC) 5 commentsAnswered

Hi,

I am implementing Retainage functionality for one of the business. For this, I made complex PO, there I gave 10% as retainage. I prepare invoice for 10000 and got retainage as 1000. Then I created retainage release type of invoice. Now my business wants that when I give supplier the retainage amount, I give him 2% interest too on that retainage amount. So How can I achieve this functionality. Please advise.

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