E1: 52: Retainage Amount Current in Contract Billing Line Inquiry (P5222/F4822) Incorrect with Non-Cumulative Retainage Rule (P5204) (Doc ID 2968430.1)

Last updated on JULY 17, 2024

Applies to:

Symptoms

When processing the Contract Billing Invoice Generation (R52121) over a Lump Sum billing line that includes retainage with a non-cumulative Retainage Rule (P5204), the system will calculate the Retainage Amount Current incorrectly starting on the second application. The system appears to include prior invoice amounts when calculating the current retainage.

Steps:
1. In Retainage Rules (P5204), create a record with Cumulative = blank, Percent Retainage = 10 and Percent Complete = 100.
2. Create a Contract Master (P5201) using the Retainage Rule from step 1.
3. Create a Lump Sum Billing Detail Line (P5202) with a Schedule of Values, Recurring Billing Amount and Recurring Code.
4. Run the Contract Billing Invoice Generation (R52121) over the contract using the Recurring Code.
5. Find the batch in Batch Review (P48221); select the record and select the invoice to Contract Billing Line Inquiry. Notice that Net Amount Current and Retainage Amount Current are both correct.
6. Create A/R (row exit from P48221).
7. Run Contract Billing Invoice Generation (R52121) again.
8. Review the new record in Contract Billing Line Inquiry (P48221/P48222/P5222). Notice that on the second application, the Retainage Amount Current is incorrect.

Changes

Cause

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