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Payapps Release Notes
April 2021
Retention Aging Report (ANZ Subcontractors)
Retention Aging Report (ANZ Subcontractors)

As of the 2nd of April 2021, an additional report is now available to users called the 'Retention Aging Report'.

Claire Jenkin avatar
Written by Claire Jenkin
Updated over a week ago

A new report has been added to Payapps to show the retention that's withheld on each contract.

How does the Retention Aging Report help manage cashflow?

  1. Better visibility of retention amounts that you need to follow up on whether your builder reminds you or not

  2. Helps you re-inject cash back into your business

  3. Know which builders you have the most exposure to for retention amounts

This report shows the amount of retention currently withheld taking into account any retention that has already been released, in addition to the contract and legal entity information.

This report can be filtered by project:

Filters can also be applied to columns by clicking on 'FILTER':

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