Tag: Retainage Release

  • Retainage Release Invoices in Oracle AP

    Retainage Release Invoices in Oracle AP: Retainage means retaining certain amount of money with us without paying the supplier in full. The retained amount is released or paid to the supplier when all the terms of the agreement have been met or all the work is completed. Pre-requisites: 1. Retainage Account setup: Navigation: Payables Responsibility…