Progressus Software

Next-Generation Professional Services Automation
Architected for the Microsoft Cloud

Retention Items - Assign unique Entry Type in Liew of lumping them in as "Sales" Entry type

In the Project Ledger Entries the retention line amounts shows up as "Sales" Entry Type. The challenge is that when evaluating revenue or "Sale" type entries this should only include invoiced item or credited memo entries, not Retention.

Retention is not a reduction to sales and I believe it should have its own entry Type.

There is a retention Entry field in the Project Ledger Screen for filtering out the retention transactions. This field is not available on the Project Detailed Ledger Entry screen

  • Tom Armstrong
  • Mar 11 2021
  • Will not implement
Business Impact

The issue is that project revenue is not accurate as the total invoiced amount is reduced by Retention and revenue should match revenue in the GL. If Retention had its on Entry type then this would solve the issue. Seems very confusing.

Industry Vertical Professional Services
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  • Admin
    Jeff Suwyn commented
    28 Feb, 2022 01:12am

    This is a BC limitation. There is a flag 'Retention' on the project ledger entry that can be used for reporting

  • +19