term amount retention what is
Meaning of security retention amount. What is it: are inputted. Security retention amounts for.

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Definition security retention amount

SECURITY RETENTION AMOUNT title: security retention amount (FI-AF-DPC) (SAP Library - Glossary)
SECURITY RETENTION AMOUNT category: Down Payment Chains (FI-AF-DPC)
SECURITY RETENTION AMOUNT explained:

Safeguards against inaccuracies arising when work values are inputted. Security retention amounts for partial invoices never become due, but are cancelled when the final invoice is created. Security retention amounts for final invoices are also known as guarantee retention amounts and become due after expiry of a contractually defined warranty period.

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