Permanently Retain a Contract Lien

An Invoice was paid using a contract and a check was cut. The Invoice had Contract lien withholding that needs to be permanently retained.  Where do users permanently retain this withholding?

Munis

Contract

Accounts Payable

New functionality to user

1. On the Munis main menu, navigate to Financials > Accounts Payable > Vendor Processing > AP Withholding 
2. Click Define, and enter the Check Dates, and then click Accept
3. Enter a specific Vendor or Range of Vendors
4. Select Withholding Type of Contract Lien
5. The Totals section will display the Records and Overall Withholding
6. At the top of screen, select Permanently Retain
7. On the Accounts Distribution page click Update
8. Enter the account where you want the retainage to reside
9. Click Accept
10. Click Generate
11. On the General Journal Parameters page enter the required information for the journal
12. Click Accept
13. Click Create

The journal entry has now been created.  The journal can be accessed and posted in the General Journal Entry/Proof program.

If you need to Release a Contract Lien to the vendor, the instructions are here: Release a Contract Lien for Payment to the Vendor