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Retention in SAP SD

Mar 19 at 11:44 AM

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As subjected above, we have retention scenario as stated below:

A project running into multiple years and billing done on this project multiple times during the completion of the project.

On each billing there should be retention amount that should be kept aside and due only after the final bill on the project and after 1 year of the closure of the project.

Project Duration – 3 years (Start date : 01.01.2018 – 31.12.2020)

Project Value – 100,000 SAR and Retention amount – 5 %

Billing Date Invoice % Invoice Amount Retention Amount Customer O/S

31.03.2018 5 5000 250 4750

20.07.2018 10 10000 500 9500

05.08.2019 15 15000 750 14250

30.12.2019 20 20000 1000 19000

08.05.2020 30 30000 1500 28500

31.12.2020 20 20000 1000 19000

The retention amount that we have hold for the complete project period is SAR 5000 and is due on 31.12.2021. (After 1 year from the final bill)

This is the scenario that we want to map in SD.

Could you please throw some light on how this can be configured.

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