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Set or Release Retainage For All Line Items For a Payment Application

Objective

To set or release retainage for all line items in a payment application. 

Things to Consider

  • Required User Permission: 'Admin' on the project's Prime Contract tab. 
  • If you want to set the same percentage of retainage on all line items in a payment application, you can easily enter in a value that will be applied to all line items in the payment application. Similarly, if you want to release retainage on all line items, you can enter a value that will then be applied to all line items, which will move a desired percentage from the "Currently Retained" column to the "Released This Period" column.

Steps

  1. Go to your project's Prime Contract tab.
  2. Click the Payment Applications sub tab. 
  3. Click Edit next to the Payment Application you want to set or release retainage for.
  4. Click the Detail subtab.
  5. Click the Edit button.
  6. Enter in values to either set retainage or release retainage in the boxes in the right pane. Once you click the Set or Release button, those values will be applied to all line items in the payment application. 

    set-release-retainage2015-06-04_11-40-13.png
     
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Last modified
10:22, 24 Aug 2016

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