Billing and Revenue Management (MOSC)

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Split Retainage rule in Contract billing Incorrect

in Billing and Revenue Management (MOSC) 2 commentsAnswered

We are on 9.2.

Contract billing 52RR

If a retainage rule is split like 10 percent for first 50; then 5 percent for last 50 percent it gives incorrect Retainage value when Invoice is created.

Instead of giving 10 percent retainage for the first 50 it gives 7.5.

Does anybody know when this was corrected and if there are any work arounds?

We have lots of users who want to be able to use this correctly.

Thank you

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