Retention Type Options

There are 4 retention types available when setting up your project:

Depending on the project, GCs may ask to track retention differently. Each of type rounds to the nearest cent by default, but you can select an option to round to the nearest dollar.

To learn more on how to make adjustments to your retainage during the project, refer to our "Make retention adjustments" article.

1. Line Item, this month (most common)

Retention % × Line item progress $ (billed this month)

Calculate retention by multiplying the progress billing per line item each month by the retention percentage. You can modify retention on each line item by clicking the pencil icon. Doing this will detach it from pay app level changes — you may opt to do this if your GC lets you drop the retention to 0 for a certain line item.

Example:

2. Line by line, totaled (most common on GC Pay projects)

Retention % × Line item progress $ (total to date)

This option is similar to "Line item, this month", however retention is calculated by adding all of the billing to date for a line item and multiplying that by the retention percentage. You are also able to edit the line item per the instructions above.

Example:

3. Pay app

Retention % × Pay app total $

Calculate retention each month by multiplying the total progress billing on the pay app by the retention percentage. You will not have the ability to edit each line item with this option.

Example:

4. Project

Retention % × Total billed to date $

Calculate retention by multiplying the total billed to date by the retention percentage set for the project. You will not have the ability to edit each line item choosing this option.