Retainage Opening Balance
What is the best way to enter the retainage opening balance (from legacy system)? These are project related retainage.
As far as I know, you have to load in AR Invoices and let them post to the General Ledger to get Retainage to populate on the projects. But you could load in summary AR Invoices (one per project) with totals. Since you have to post to the General Ledger, do this before you load your Trial Balances.
Just make sure you check Apply Retainage and populate the Retainage Amount field. Or populate Retainage Percent and let it calculate Retainage Amount for you.
You can even do this with an Import Scenario if you want.