ERPstuff - Oracle EBS Community

Hi all
We have contact with some parties as per the agreement we have to deduct some of the contractual invoice on two conditions
some percentage on every invoice
all amount lumsum at the end of the contract etc
this amount will be released at the end of the contract to ensure good quality of the workdone.
my question is reatainage release invoice type introduced in R12 can resolve the above mentioned scenario

Yes,

The concept of Retainage is introduced in R12 AP for the purpose you are looking at.

Regards
Anurag

i know it is introduced in R12 the question is what i have to do to resolve this challanger as per my RnD this is more related to service procurement contact and we dont have this module where as normal prcurement modules it there