Vendor Retention

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I made the setup for vendor retention but the system is not posting the amount to the Retention Account. It means system has not found the trigger to activate the Vendor Retention Terms.

i want to know what is the trigger point for Retention ? I have used the below scenerio.

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# % of Units Dilevered % to Retain % to Release

1 50 20 0

2 80 10 10

3 100 0 100

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Isaac Namukoa 85 on at

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RE: Vendor Retention in Dynamics AX 2012

Hi,

Did you figure out how this functionality works. I'm also stuck though the setups have been done as suggested at technet.microsoft.com/.../hh209239.aspx

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David Massey on at

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RE: Vendor Retention in Dynamics AX 2012

Have you setup the vendor agreement on the project. This tab indicate which vendors will be using a retention policy and the policy for that project.

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Suresh Kotapalle on at

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RE: Vendor Retention in Dynamics AX 2012

After defining the retention terms.. you have two ways to apply the retention terms

1) As suggested by David, you can attach the retention terms in project details form under "vendor agreements" tab

or

2) When issuing a project purchase order for a vendor, one has the option to apply a retention term at the PO line level.

Hope this helps.. if not let us know.

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Isaac Namukoa 85 on at

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RE: Vendor Retention in Dynamics AX 2012

Thanks all for your quick response. The functionality is now working. I can now see the retained amount in the vendor invoices with retention listing under inquiry. The GL vendor retention account is also affected. My current issue is how to create the vendor invoice for the retained amount without using the percentage to release option in the vendor retention terms settings. This is because our current business process involves releasing the retained amount at least six months after the project is completed and final invoiced.

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Suresh Kotapalle on at

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RE: Vendor Retention in Dynamics AX 2012

What you are asking is for "manual retention release".

All you need to do is create a vendor invoice (even if the PO is already fulfilled, the invoice button would be enabled in case of PO is subjected to vendor retention terms and if there is an existing retention amount remaining to be released). In the vendor invoice line details tab, under "vendor retention" section...

check "release all retained amount".

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Isaac Namukoa 85 on at

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RE: Vendor Retention in Dynamics AX 2012

Thanks Suresh for your suggestion.

You are right. I'm asking for a "manual retention release"

The "Release all retained amount" check box is greyed out when I follow your suggestion. Is there anything that I might be missing. Below find my screenshot

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Suresh Kotapalle on at

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RE: Vendor Retention in Dynamics AX 2012

check the following

1) I hope the vendor invoice you are creating is for a PO which has the retention terms

2) A line has to show up in the vendor invoice (even if the quantity is zero) in order for you check that box.

(try selecting ordered quantity in order to see the line)

Let me know how that goes...

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Isaac Namukoa 85 on at

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RE: Vendor Retention in Dynamics AX 2012

Suresh,

Thanks again but things are still not behaving.

The vendor invoice that I'm creating is for a PO that has retention terms but all the ordered quantities have been received and invoiced. The invoice button is still active for the purchase order in question but when I try to invoice, nothing is available in the invoice line since everything ordered has been received and invoiced. So I guess I'm stuck. Does it mean you cannot "release all" if all the quantities has been received and invoiced?

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Suresh Kotapalle on at

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RE: Vendor Retention in Dynamics AX 2012

Issac, have you selected the "ordered quantity" from the dropdown? As you can see from the screenshot, the line has the quanity of "0" (this is what is expected since we have received all the PO items already), but I was able to check "Release all retained amount".

Can you also check the following

1) Do you have cost and sales prices for the PO line item coming correctly?

2) Go to the Projects list page and select the project for which you have issued the PO and select "Control" tab in the menu.

Under retention section click on "Payments retained from Vendors > by Purchase Order".

Can you see the retained amount?

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MariaVasileva on at

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RE: Vendor Retention in Dynamics AX 2012

Hello,

I have defining the retention terms and i have attached the retention terms in project details form under vendor agreements tab. When I post the PO, the system does not post the amount to the Retention account, which I have set up.

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