Apply Retg

This field defaults the amount of payment that was applied to this line's retainage amount. The system allows overrides; however, you cannot apply an amount that exceeds the unpaid retainage or 'Apply' amount. You can override this restriction by checking the "Remove Input Restrictions" option above the grid.

Important: It is not recommended that you override input restrictions unless you have a complete understanding of how data is tracked within the detail and distribution tables.

If you elected to automatically apply the payment to retainage (by selecting the Include Retainage check box on AR Initialize Receipt), the system will apply the payment to both the Amount Due and Unpaid Retg for each item until payment is satisfied. If the amount of the check is not sufficient to cover both the Amount Due and the Unpaid Retg for an item, the payment will be applied to the Amount Due only. Adjust applied amounts manually for any item.

Note: If you do not check the Include Retainage box in the Apply Payment window, you can still apply payment to retainage by entering the amount manually.
Tip: To set the Apply Retg automatically for this line, place focus in the Apply Amount column and press Ctrl + G. (Note: Sets both the Apply Retg and Apply RetgTax amounts as applicable.)