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Retainage in Contracts (Grants-Research) - PeopleSoft

Hi,

Can someone shed some light into applying retainage for rate-based contracts in Sponsored Programs (Grants)? People Books are very vague in regard with this topic and there is no clarification about configuration that should take place. In addition, I would like to know if retainage can also be applied on the transaction level besides the contract line level.

Any assistance will be much appreciated!

Armand

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