Page Comparison

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1. Navigate to the contract menu, then select ‘Payments’.

2. Click on the ‘Add’ button next to the Active Retainage section to add a new entry. Please note, that retainage will be automatically added when your first payment is created.

3. Enter either the percent using integers (ie 5, 10, etc…) or the positive dollar value you wish to retain.

   1. There can be more than one active retainage entry for payments if necessary.

4. Click ‘Save’.

5. Note the amount of retainage withheld is reduced by the appropriate amount under the current payment number in the Payments section.

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1. Navigate to the contract menu, then select ‘Payments’.

2. Make sure that the payment number that the active retainage is being modified or reduced on is created and is ‘open’ or unlocked.

   1. Meaning it does not have the ‘Completed Date’ and ‘Completed By’ filled out. If it is completed or locked, remove or clear the ‘Completed Date’ and ‘Completed By’ fields.

3. Click on ‘Add’ to add a new retainage entry with the new percent (see the above instructions for more information on adding retainage). Select the payment that the new rate should start on under ‘Added Payment’.

4. Click ‘Save’ to update and save these changes.

5. Click on the ‘Edit’ button next to the Active Retainage rate that needs to stop or end.

6. Select the same payment number that was used on step in Step 2 under the ‘Released Payment’ field to end the prior retainage percent/amount.

7. Click on ‘Save’ to update the changes. This entry will no longer show under Active Retainage because it has been released.

8. Note the amount of retainage withheld is reduced by the appropriate amount under the current payment number in the Payments section.

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