Retainer Ledger Report
Use the Retainer Ledger report to review summary or detailed retainer information for your projects. The report can help you identify projects for which retainers have been received and where retainers need to be applied. It can also help you reconcile to the retainer account on your balance sheet.
When you run the report to show retainer summary information, it includes the following for a project:
- Total retainer amount received in advance.
- Total retainer amount applied to billing invoices.
- Any retainer balance not yet applied to billing invoices.
When you run the report to show detailed retainer information, you will see all the invoice and cash receipt transactions for which retainer amounts have been received or applied for a project.
You can run the report for different time frames.
To generate this report, you must select the Enable Retainers option on the General tab of the Accounting System Settings form ().