Previous SM Retainage

This field defaults the total of previous stored materials retainage for this contract item. You may only override this value if the Allow Changes to Previous and Contract Amounts box is checked in JB Company Parameters.

Note: If you are using the 'auto update previous billed amounts on future bills' feature (JB Company Parameters), it is strongly suggested that you do NOT change this value. Changing this value may cause inaccuracies when previous amounts are updated for future billings.