To add retainage information at the line level:

  1. Access Purchase Order Header Interface (PO53.1).
  2. Add header information.

    Use the following guidelines to enter field values:

    Company

    Select the identifier for the AP company that needs retainage information added.

    PO

    Type the identifier for the purchase order.

    Procurement Group

    Type the identifier for a group of companies that share a common procurement effort. They buy items and services together.

  3. Select Inquire as the form function.
  4. Click the Line Detail button to access Purchase Order Line Interface (PO53.2).
  5. Select the line item that needs retainage information.
  6. Select the Line Detail tab.
  7. Click the Retainage button.
  8. Type the retainage information for the selected line item.

    Use the following guidelines to enter field values:

    Retainage

    Select if the line is subject to retainage. If left blank, then no retainage applies to this line. When a line is added to the purchase order with retainage, the default value is 1 (Yes).

    If a vendor agreement with retainage is attached to the line, the value for the field defaults to 3 (Agreement Retainage). You cannot add or delete this default option.

    First Retainage Percent

    Type the retainage percent that is used if the percent complete for the purchase order line is less than or equal to the up to percent complete amount. This defaults from the header level but can be overridden.

    Up to Percent Complete

    Type the percent complete value that determines when to use the first retainage percent or second retainage percent. This defaults from the header level but can be overridden.

    Second Retainage Percent

    Type the retainage percent that is used if the percent complete for the purchase order line is greater than the up to percent complete amount. This defaults from the header level but can be overridden.

    Override Percent Complete

    If there is a value in this field the match process uses this value to determine which percent to use for retainage. You can only type a value if the purchase order is tracking percent complete at the line level.

  9. Select Change as the form action.