Job Management                                Job Invoicing                                          Hold Back Invoicing

Hold Back Invoicing (continued)

5.  The Job Invoice form will be displayed.  All charges for the Job that have not yet been invoiced will fill into the invoice lines section of the invoice form. 

Verify information on the invoice form and make any necessary changes according to your company policies and procedures.  click the Save button located at the lower right of the form when finished.

In the example below the Job Hold Back percentage is 10%.  There are two Invoice Items on the invoice for a total of $10,500.00.  Because our Job Type setup was set to a 10% Holdback, the application has calculated the 10% Hold Back and added a row with the Invoice Item of HB (Item code setup on the Job Type setup) for the negative amount of $1,050.00.  If the Hold Back % on the Job Type setup had been set to zero, you would need to manually type in the amount of the Hold Back for the Invoice.

Continue on to the next pages for information on the G/L posting of this invoice and how the Hold Backs (Retainage) is displayed and tracked on the Job.

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