Payapps is designed to improve collaboration between subcontractors and builders, especially when it comes to payment applications. We also make it super-easy to store all your contract and compliance information in one place and integrate with your favourite accounting packages like QuickBooks MYOB, and Xero. In this quick video, our product specialist Simon Shields will show you just how easy it is to manage your retention payments using Payapps. Simon will show you how to:
- Review your contact details and retention deals
- Understand your Defect Liability Period and how it’s set up in Payapps
- Understand retention release triggers and how they’re withheld and released
- See the impact of variations on retention
- Submit and confirm retention release
Learn How Easy It Is to Calculate Retention Using Payapps | Payapps