Customer payment retention terms (form)

Applies To: Microsoft Dynamics AX 2012 R3, Microsoft Dynamics AX 2012 R2, Microsoft Dynamics AX 2012 Feature Pack, Microsoft Dynamics AX 2012

Click Project management and accounting > Setup > Retention > Customer payment retention terms.

Use this form to set up retention terms for customer invoices. You can enter an amount or the percentage of a customer payment to retain. You can also enter a percentage of completion for the project. Amounts are automatically retained on project invoices until the project reaches this percentage.

Note

If you are using Microsoft Dynamics AX 2012 Feature Pack or Microsoft Dynamics AX 2012, this form is available only if the Project Management and Accounting Add-in is installed.

Task that uses this form

Key tasks: Manage customer payment retention for projects

Navigating the form

The following table provides descriptions for the controls in this form.

Fields

Field	Description
Retention term	The identifier for a retention term.
Description	Enter a description for the retention term.
Percentage of work complete	Enter a percentage of completion for the project. Amounts are automatically retained on project invoices until the project stage reaches this percentage. For example, if you enter 50 percent, amounts are retained until the project is 50 percent completed.
Customer payment retention percentage	Enter the percentage of the invoice amount to retain until the specified percentage of work is completed.

See also

About customer payment retention for projects

Inquire customer retained payments (form)

Request for customer retained amount (form)

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