Reverse Previously Released Retainage

This field is enabled for “Active” billings only.

Check this box to reverse previously released retainage for this contract.

Note: You cannot reverse released retainage on closed-month billings or interfaced billings. However, you can reverse released retainage related to a closed-month or interfaced billing by creating a new billing (in an open month), then using the new billing to reverse the desired released retainage amount.

Leave this box unchecked if you are not reversing previously released retainage.