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E1: 48S/52: FAQ Frequently Asked Questions on Release Retainage in Contracting Billing (P52RR) (Doc ID 627686.1)

Last updated on AUGUST 20, 2021

Applies to:

JD Edwards EnterpriseOne Contract and Service Billing - Version 8.0 and later
Information in this document applies to any platform.

Purpose

The Purpose of this Document is to Answer Frequently Asked Questions on Release Retainage in Contracting Billing:

Questions and Answers

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In this Document
Purpose
Questions and Answers
 Question 1:  After creating a Contract Billing invoice batch, and selecting the Work with Invoices ( P48222) from Batch Review (P48221), there is a Retainage Release row exit, but it is not available. Why?
 Question 2:  Set up a Contract with $100,000 with 10% retainage and generated the invoice. There is $90,000 & $10,000 retainage, what is the process to release all or part of the $10,000 retainage?
 Question 3:  How do I invoice the customer for the release of the retainage?
 Question 4: What release is release retainage available?
 Question 5:  The Retainage Release screen (R52RR) shows Amount Available to Release. How is that amount determined?
 Question 6: When attempting to release retention on a partial hold back, receive error message "Retainage Release Level Invalid release anything but ALL".
 Question 7:  Retainage release did not set the "retainage release only" flag as expected.
 Question 8:  A Contract Billing invoice batch is created. From Batch Review (P48221), select the batch to access Work With Invoices (P48222). There is a Retainage Release row exit, but it is not available.
 Question 9:   When data is entered for a lump sum billing line with retainage, it doesn't calculate retention for the stored materials line. The retainage fields are grayed out, so it is not possible to manually enter retention on stored materials. How do you do this?
 Question 10:   Retainage is calculated incorrectly when the owner pay item is for a negative amount. Pricing type of units, cross referenced to an account where amounts and units are booked to the F0911. Retainage calculates correctly if the owner pay item is for a positive amount.
 Question 11: How is the percentage calculated in the Contract Billing Retainage form P52221? 
 Question 12:  What are the options for the retainage flag in Contract Billing Master (P5201)?
 Question 13: When retainage is released in Contract Billing, there are records created in Accounts Receivable (F03B11) that have a pay status of 'H", is there a recommendation on how to clear these from the account?
 Question 14:  Invoice Generation (R52121) is not calculating the tax and retainage on the work order with the desired out.     Retainage should be calculated pre tax and not post tax.
How can this be set up?
 Question 15: We performed a retainage adjust on an invoice to reduce the amount of retainage. When creating subsequent invoices, the retainage current re-calculates to withhold retainage in accordance with original contract retainage rules. What is the purpose of retainage adjust and how is it supposed to work?
  Question 16:  When trying to release retainage in P52RR Error Message 'Currency Exchange Rate Not Found' is being received on a domestic contract.  How can this be resolved?
  Question 17: When trying to release retainage from the retainage flag in the invoice created by Create AR (R48199), retainage is not appropriately released.  Why is this occurring and what is the function?
  Question 18: What possible ramifications would exist if the object account on the retainage AAI was changed? Would this effect how much retainage was released?

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