Financial or Project Transactions
During AFP approval, the deduction retention transaction is written in the financial
transaction for each Subcontracting Procurement Order, based on the Deduction Retention Value. When approving the Retention
Release (with or without an AFP) a retention release transaction is written based on the
Retention Approved Amount.
If the AFP or the retention release is unapproved, a reversal of the transaction is performed.
The discount amount for the retention release is booked on the corporate account. This is also applicable for the Retention Approved Amount of an internal retention release.