Anyone knows how to create the valuation for retention amount on a sub-contract?
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Retention Payment

Best answer by THSIGB
Hi Faisal,
Retention is held at a Contract level. If you create a Sub Contract Valuation, in EE, on the General tab (retention section). There are 2 fields ‘Application Released’ and ‘Certified Released’. You will see the total held retention in the ‘Total Remaining’ field.
Enter a value into the ‘Certified Released’ (can use ‘Application Released’ but not mandatory), if you want to release the full amount held, enter the same value that is held in the ‘Total Remaining’ field. Then if you process your Valuation through as normal, this will clear down the retention.
Hope that helps.
Tom
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