Release Retainage to Current A/R

Check this box to treat released retainage as current receivables. The released retainage transactions will be included in the aged columns on the Aged Analysis reports based on the invoice date or due date assigned to the transaction, and the retainage due column will be reduced accordingly. If you are using a different GL account for AR Retainage, the use of this option will cause the released retainage transaction to credit the Retainage account and debit the Accounts Receivable account.

Leave this box unchecked if you do not want released retainage aged. Although released retainage invoices will be created, transactions will show in the Retainage column. If you are using a different GL account for AR Retainage, released retainage amounts will remain in the AR Retainage account.