Retainage % (vendor)

Sage 300 ERP

Retainage % (vendor)

You can specify on the vendor record the default percentage to use for calculating retainage on original documents. You can always change the retainage percentage when you enter an invoice, debit note, or credit note for the vendor.

When you add a new vendor record, the retainage percentage you specified on the A/P Options form appears as the default, but you can change it for a particular vendor.