Retainage is the percentage of the committed payment for the purchase order that is withheld for a specified period (usually until the transaction completes). For example, if you create a voucher for 100 dollars with a retainage of 5 percent, the actual payment will be 95 USD, with 5 held as retainage. You should set up the processing options of Match Voucher to Open Receipt to be able to specify the retainage percentage or the retainage amount as a default value in the Voucher Match program (P4314).
1. Access the Voucher Match program (P4314) from the G43A15 menu.
2. The Display Retainage Indicator processing option specifies whether the system displays the Retainage Indicator column in the Voucher Match grid.
3. Default specifies whether to automatically load the Retainage Percentage or amount from the order header. Do not load the retainage percentage or amount from the...