How to handle retention money concept in B1

[Former Member]

Hi,

My customer using the concept of retention money concept,

how to map this in B1.

Eg:he want to pay 10000

so 10% is the retentation money:-1000

this one thousend should go to the retention money account.

How to map this in B1.

Regards,

Naresh K.

[former_member583013 · Accepted solution]

You can process an incoming payment for 10,000 and then create a JE to the Retention Account