Changing the next application or hold for a retainer

The next time invoices are generated with the apply retainer field selected, retainers are applied if they have balances that are not on hold. Before you generate invoices, you can change the next applied amount or next applied percent or you can put the retainer on hold.

  1. Sign in as Project Accountant, Project Administrator, or Project Manager.
  2. Select Project Contracts.
  3. Select the Contracts tab and open a contract.
  4. Select the Project Funding tab and select a funding source.
  5. Select the Retainer Application tab and select a project retainer.
  6. Update the Next Applied Amount, Next Applied Percent, or the Hold field for the project retainer.
  7. Click Save.