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Retainage for NetSuite manages specific retainage percentages for project contracts within NetSuite, and tracks and reports in real time the amounts billed, retainage withheld and retainage claims due.
FullClarity's Retainage for NetSuite eliminates -
Delayed and incorrect billing to customers
Paying for mismanaged billing and receiving
Customer miscommunications and misunderstandings over retainage fees
And the time it takes accounting to correct mistakes or perform complicated calculations from manual processes
Start collecting the retainage you contractually deserve on time every time, and automatically track your balances and payment schedules with ease in NetSuite.