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Vendor Retention release amount

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Posted on by sunil narvaneni

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Hi All,
This is regarding Vendor Retention release amount..
Can we release Retention amount After making all Quantity Invoiced?
We forgot to release in last Vendor invoice, how to release now?
Do we have any parameter option for release Vendor Retention amount in last Vendor Invoice.
Could any one please suggest me.

Thanks

Santhoos

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sunil narvaneni 261 on at

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Hi all, the Invoice button is still enabled on PO even though total qty is invoiced, this is due to retained amount on the PO not yet invoiced. So we can create another invoice on PO and just select Release Retain amount in line detail and post invoice.

But we have a problem in the voucher posted with above retained invoice. The stock accounts are also affected in that voucher with amount same as retained amount. Can someone explain why inventory accounts are reflected in the voucher?

Check the below voucher.

Thanks

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Ludwig Reinhard Microsoft Employee on at

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Hi Santhoos,

Try the following:

1. Add a new line in your PO for a $0 amount and a dummy item or dummy category.

2. Ensure that the retention amount gets released.

3. Post a $0 invoice.

Can you test that in a demo/test environment?

Best regards,

Ludwig

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sunil narvaneni 261 on at

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@ Ludwig, Thank you for your reply

As per you suggestion we have added new line in PO with Zero amount But we can not get Retained amount for newly added Invoice line..

Please check my second Question on Forum, why two extra entries were affected, along with Retention entry.

is it usual or is it a configuration mistake?

Is there any other method to release retain for such PO's whose total qty is invoiced.

If i do same thing with PO with Procurement Category then there is no problem to release only retained amount for a fully invoiced PO.

Check voucher

Vendor Retention..DR

Vendor Balance..CR.

Thank you.

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Ludwig Reinhard Microsoft Employee on at

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Hi Santhosh,

ok then try the following:

Create a new invoice by hitting the invoice button.

Click the line details and then say 'release complete retained amount'

Then post the complete 'new' invoice.

Best regards,

Ludwig

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Ludwig Reinhard Microsoft Employee on at

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Hi,

Please check also the following hotfixes.

Some are still in development and you might need to install them once they become available.

Here is a link:

fix.lcs.dynamics.com/.../Results

Best regards,

Ludwig

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Tam Vu 5 on at

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Hi Santhosh,

Could you please help if you did solve this as I have the same issue: The stock accounts are also affected in that voucher with amount same as retained amount.

Thank you.

Tam Vu

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