Does anyone deal with retainage when Invoicing? We typically invoice
monthly for work complete during that month but the customer will
withhold 10% until the project is complete. We don't want the full
amount hitting accounts receivable until it is billable although the
full invoice amount hits revenue.
monthly for work complete during that month but the customer will
withhold 10% until the project is complete. We don't want the full
amount hitting accounts receivable until it is billable although the
full invoice amount hits revenue.