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Default Retainage for Purchase Orders (PO)and Work Orders (WO)

Feature Release|March 25, 2025

The Default Retainage feature enhances efficiency and accuracy of financial management by allowing businesses to set specific retainage percentages for different types of commitments. This capability is particularly valuable for companies that handle multiple contracts, as it streamlines the process and reduces the likelihood of errors, enabling efficient and reliable financial operations.

Click here to learn how to enable retainage on a purchase order or subcontract.

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