1. Using Procurement
  2. Considerations for Creating Purchase Orders with Retainage Terms

Considerations for Creating Purchase Orders with Retainage Terms

Here are some of the considerations for creating purchase orders with retainage terms:

  • Retainage rate defaults on schedules from the purchase order lines. However, you can specify different retainage rates by schedule for the same purchase order line.

  • You can import purchase orders with retainage terms using the purchase order file-based data import template, or Draft Purchase Orders REST API.