Deductions in retention

The retention deduction amount is calculated automatically but the amount can also be changed manually. When the deduction retention amount is specified manually, it must be less than the calculated deducted retention amount of the AFP.

The amount is deducted from every AFP as a retention amount. The deducted retention value is also represented in the Order Retention Balance. The retention balance amount is the maximum amount that is available for a retention to be released from AFP.

The order retention balance is calculated based on this formula:Order Retention Balance = Total Retention Deducted Amount (of all AFPs) – Total Retention Approved Amounts – Retention Requested Amount of unapproved retention release

The retention balance can be specified on the Invoice-from Business Partner Balances (tccom4523m000) session. The retention capped amount is the maximum amount that is available for the Invoice from retention balance. The retention capped amount can be specified on the Invoice-from Business Partner Balances (tccom4523m000) session. When a new record is specified in the Application for Payment (tdpur6620m000) session, the deducted retention amount cannot be added to the invoice from BP retention balance if the retention capped amount is higher. The retention capped reached value is set to Yes on the AFP and deducted retention amount is set to the maximum allowed value closer to the retention capped amount.