The Hold Code field in the AP Vendor Hold Codes form
Enter a valid hold code for the vendor entered in the field above. Hold codes assigned here apply to any new transactions posted to this vendor. If there are any existing transactions for this vendor, the system displays a confirmation message. If you want to add the hold code, click Yes. If you do not, click No.
Hold codes prevent invoices from being paid until the hold code is released. If this hold code is added to an invoice, it is in addition to any hold code automatically placed on the transaction (or any portion of the transaction) because of retainage or a vendor hold.