First, please go to the following sections in order to be in the right place to continue the manipulations.
Accounting > Accounts Payable > Retainage Disbursement > Create a Retainage Disbursement
There, you will be redirected to the creation of a disbursement of a holdback. Here, several steps must be completed in order to achieve a complete.
Disbursement of a Deduction
Good to know: When entering data, simply add the name of the broker and the type of holdback and the rest of the boxes will be added automatically. (See video capture below)
Payment
Good to know: Payment can be made by Check or by Electronic Funds Transfer (EFT)
It is also very important to choose the right GL account in order to define by which account the money will be withdrawn.
Address
Dans cette section, le pays est une information obligatoire et doit être rempli pour que le décaissement soit complet.
Note
Before submitting a holdback disbursement, it is possible to add comments related to a transaction.
When each step is completed, it is now time to submit the disbursement and print the check if necessary.
That's it, you are now able to make a Disbursement of a Deduction.
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