Are you using job cost tab?

Nope, so maybe that is what I should be doing then.

To setup job costing you need to have a contract per vendor. that is the only way it can be done correct with retainage hold back per vendor.

Oh yes I have that. it is when I am invoicing the bank for the draw. The bank is holding 10% retainage on what I am drawing. (not on the entire invoice just portions) I am entering a manual number into the retainage box when invoicing right now. (We just went live so still in the catch-up/learning phase)

!- Must setup vendors correct first.

2- Job cost- commitment per vender setup- which you set the retaining amount per line on per vender on percent.

3- AP invoicing goes through commitment that works with the retaining. 

4- Then you can give the bank the correct information.

Hi G2D Group,

It sounds like there's some confusion about whether this is for Accounts Payable or Accounts Receivable. Bank Draws are usually done in Accounts Receivable, either entering invoice in Accounts Receivable or Billing.

If you are using Accounts Receivable or Billing, you can change your retainage account in your AR Settings:

How do I change the General Ledger accounts in Accounts Receivable Settings?

This change will only affect new invoices entered after the change.

Thanks!

YES! that is exactly where I am stuck. it is AR so I will look and see if I can get it to work. Thanks!