Amending Withholding and Release Terms

Because changes made to withholding terms and conditions can impact billing and revenue recognition, after a contract is active, any changes to these terms and conditions are controlled by amendment processing. Amendment processing enables you to maintain a historical record of these changes.

Withholding Terms and Conditions

Controlled by Amendment Processing

Withholding Rate

Yes

Start Amount Billed

Yes

Maximum Amount Applicable indicator

Yes

Maximum Withholding Amount

Yes

Withholding Source

Yes

Transaction Identifier

Yes

Withholding Release Target details

Yes

Requested Release details

No