Set up a retainer schedule

Applies To: Project Operations Integrated with ERP, Project Operations Core

Retainer schedules are set up on the Project Contract page in Dynamics 365 Project Operations.

1. On the Project Contract page, on the Advances and Retainers tab, select Set up retainer schedule.
2. On the dialog page that opens, the fields listed in the following table are shown. The table gives an idea on how the entered values impact or influence the retainer schedule that will be created.

Field	Description	Downstream impact
Project Contract Customer	The customer on the contract who will be invoiced for this retainer or advance.	If you have multiple customers on the contract, and if you need to invoice each of them for a specific retainer or advance amount, manually create one invoice for each customer.
Retainer Schedule Start	Enter the start date of the retainer schedule.	This date may not be the date on which the first retainer or advance is created. The date on which the first retainer or advance is created, is also influenced by the invoice frequency.
Retainer Schedule End	Enter the end date of the retainer schedule.	This date may not be the date on which the last retainer or advance is created. The date on which the last retainer or advance is created is also influenced by the invoice frequency.
Number of Retainers to Create	When you enter the number of retainers to create, the system uses the start date and frequency to create the number in this field.	When this field is manually updated, the system ignores the value in the Retainer Schedule End field and instead creates the specific number of retainers or advances.
Invoice Frequency	How often the application will create retainers and advances.	This value directly influences the number of retainers and advances and the created dates.
Total Amount	The total amount is the amount that is split into the individual retainer or advance payments that will be created.	There's no downstream impact for this field.