Hi Rebecca Tiffany,
As dupreecon suggested, as soon as you print the invoice, go back and remove the discount.
You can even rename "Discount" to "Retainage" (Or Retention), so it shows up on
your invoice as retention like the customer wants to see. But change the discount
amount to zero on the quickbooks invoice after printing.
If you use estimates that's even better. You can add the discount line in the estimate,
use it in the invoice. Print the invoice, then go back and remove it from the invoice
and progress it in the estimate. which will prompt you to put in a "change order"
where you can put notes about how you handled the retainage.
The bummer with this method is you cannot generate retainage reports, and if
you bill in "progress" amounts it messes up your percentages, but that's still way better than
paying taxes on the same money twice!!
Hope that helps!
-Rochelle
