<\/p>\n\n\n\n
Here are the definitions for the settings:<\/p>\n\n\n\n
Default Retention Type<\/h5>\n\n\n\n
A single line item is created with amount calculated as the line item value minus the line item retention value<\/p>\n\n\n\n
This is an example of Default Retention Type<\/strong> in QuickBooks Bill created from Commitment Claim<\/strong>.<\/p>\n\n\n\n My SOV in Procore Commitment Claim.<\/p>\n\n\n\n <\/p>\n\n\n\n Separate line items are created for the line item value and line item retention value respectively.<\/p>\n\n\n\n NOTE<\/strong> – Only Applies to Revenue Retention Type<\/strong><\/p>\n\n\n\n This will only apply if the\u00a0Retention Accounts<\/strong>\u00a0have been configured either above or at the project level. Otherwise,\u00a0Default Retention Type<\/strong>\u00a0will be used.<\/p>\n<\/blockquote>\n\n\n\n This is an example of Line Item Retention Type<\/strong> in QuickBooks Bill created from Commitment Claim<\/strong>.<\/p>\n\n\n\n My SOV in Procore Commitment Claim.<\/p>\n\n\n\n 1. In OneCore, Go to Retention > General Settings.<\/strong><\/p>\n\n\n 2. In General Settings, set the retention type for Expense or Revenue<\/p>\n\n\n\n 3. Click Save General Settings.<\/strong><\/p>\n\n\n\n Overview This tutorial will guide you on how to set the retention type during creation, choosing either the Line Item Retention Type or the Default Retention Type. Allowing users to configure this setting provides flexibility to match their specific accounting practices and project requirements. Here are the definitions for the…<\/p>\n","protected":false},"author":15,"comment_status":"closed","ping_status":"closed","template":"","format":"standard","meta":{"footnotes":""},"ht-kb-category":[71,67],"ht-kb-tag":[47,64],"class_list":["post-3411","ht_kb","type-ht_kb","status-publish","format-standard","hentry","ht_kb_category-transactions-commitment-claims-qbo","ht_kb_category-faq-qbo","ht_kb_tag-check","ht_kb_tag-qbo"],"_links":{"self":[{"href":"https:\/\/help.interfy.com.au\/index.php\/wp-json\/wp\/v2\/ht-kb\/3411","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/help.interfy.com.au\/index.php\/wp-json\/wp\/v2\/ht-kb"}],"about":[{"href":"https:\/\/help.interfy.com.au\/index.php\/wp-json\/wp\/v2\/types\/ht_kb"}],"author":[{"embeddable":true,"href":"https:\/\/help.interfy.com.au\/index.php\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/help.interfy.com.au\/index.php\/wp-json\/wp\/v2\/comments?post=3411"}],"version-history":[{"count":1,"href":"https:\/\/help.interfy.com.au\/index.php\/wp-json\/wp\/v2\/ht-kb\/3411\/revisions"}],"predecessor-version":[{"id":3418,"href":"https:\/\/help.interfy.com.au\/index.php\/wp-json\/wp\/v2\/ht-kb\/3411\/revisions\/3418"}],"wp:attachment":[{"href":"https:\/\/help.interfy.com.au\/index.php\/wp-json\/wp\/v2\/media?parent=3411"}],"wp:term":[{"taxonomy":"ht_kb_category","embeddable":true,"href":"https:\/\/help.interfy.com.au\/index.php\/wp-json\/wp\/v2\/ht-kb-category?post=3411"},{"taxonomy":"ht_kb_tag","embeddable":true,"href":"https:\/\/help.interfy.com.au\/index.php\/wp-json\/wp\/v2\/ht-kb-tag?post=3411"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}![\"\"](\"https:\/\/wpstaq-ap-southeast-2-media.s3.amazonaws.com\/help-interfy\/wp-content\/uploads\/media\/2024\/07\/default-line-item-1024x463.png\")
<\/figure>\n\n\n\n![\"\"](\"https:\/\/wpstaq-ap-southeast-2-media.s3.amazonaws.com\/help-interfy\/wp-content\/uploads\/media\/2024\/07\/commitment-procore-1024x485.png\")
<\/figure>\n\n\n\nLine Item Retention Type<\/h5>\n\n\n\n
\n
![\"\"](\"https:\/\/wpstaq-ap-southeast-2-media.s3.amazonaws.com\/help-interfy\/wp-content\/uploads\/media\/2024\/07\/line-item-retetion-1024x462.png\")
<\/figure>\n\n\n\n<\/figure>\n\n\n\n![\"\"](\"https:\/\/wpstaq-ap-southeast-2-media.s3.amazonaws.com\/help-interfy\/wp-content\/uploads\/media\/2024\/07\/retention-general-settings.png\")
<\/figure>\n<\/div>\n\n\n![\"\"](\"https:\/\/wpstaq-ap-southeast-2-media.s3.amazonaws.com\/help-interfy\/wp-content\/uploads\/media\/2024\/07\/expense-revenue-retention-type-1024x484.png\")
<\/figure>\n\n\n\n![\"\"](\"https:\/\/wpstaq-ap-southeast-2-media.s3.amazonaws.com\/help-interfy\/wp-content\/uploads\/media\/2024\/07\/save-retention-type-settings-1024x486.png\")
<\/figure>\n","protected":false},"excerpt":{"rendered":"