محتجزات مستحقة

A: Retention Payable are amounts withheld by a customer from a contractor\'s or supplier\'s invoices as a guarantee for proper contract performance. These amounts are released (paid) after the end of the agreed warranty period, which may be one year or more after project completion.

A: When issuing an invoice to the customer, the entry is: Dr. Accounts Receivable (for the full invoice amount), Cr. Contract Revenue (for the non-retained portion), Cr. Retention Payable (for the retained portion). When the retention is released, the entry is: Dr. Bank Account, Cr. Accounts Receivable.

A: Retention Payable is considered a liability in the contractor\'s or supplier\'s books because it represents amounts to be received from the customer in the future after the warranty period ends. In the customer\'s books, retention is considered an asset (receivable).