Post Project Retention Invoice

This form creates the final A/R invoice for any outstanding retention on a project or range of projects. The activity also prints a report on transactions. The activity creates invoices only for projects that have a billing method of Total specified in the retention code. The amount of the invoice is from the Total Retention Project To Date field on the Invoicing tab of the Projects form.

If your company uses preprinted and pre-numbered forms, the maximum number of lines allowed per invoice is defined on the Accounts Receivable Parameters form. The invoice headers will be the same but the invoice number will change. Also, the total amount prints in words on the footer.

See preprinted and pre-numbered forms for more information.

To generate a report without posting invoices, clear the Post field. If you select the Post field, the activity creates invoice distributions to move revenue from unbilled A/R into the A/R account.