Client is Plumbing Contractor and their clients (AR Customers) are sent invoices and when they make the payment can and will 'holdback' an amount.
In Payables we can control the amount we pay on a cheque, but how do you handle this on AR?
Do you simply record the payment and allow the unpaid amount to hang in the open?
Pretty sure that is what we have to do, but wondering if there is a better way to record this, as the client may not ever pay this, or may pay way out in the future.
Thoughts?