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Retainage on AP check
Retainage on AP check
Description of Issue
AP invoice/AP check was incorrectly processed with an amount retained
Context
Accounts Payable
Cause
General Retainage percentage was specified with Accounts Payable Settings
Resolution
Version 11.3
Void AP check and AP Invoice then update General Retainage
Financials > Accounts Payable > Setup > Accounts Payable Settings
- Click update
- Click on the Retainage Settings tab
- Set General Retainage Percent to .000
Re-create AP invoice
Version 2018 and above
- Go to Vendors
- click the General Tab
- Update
- On the AP Retainage section (bottom left) just update the toggle to Never Retain
Additional Information
If you need steps to void a check, follow this article How to void AP Checks
, multiple selections available,
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