Retainage Rate

Sage 300 ERP

Retainage Rate

You use this field to specify the method the program will use to determine the exchange rate for the retainage document when you eventually process it. You can choose one of the following:

  • Use Original Document Exchange Rate — to use the same rate as the document you are processing.
  • Use Current Exchange Rate — to use the rate in effect when you process the retainage document to clear the outstanding retainage.