Accounting Customer Retention Money through SD Module

Dear Sir/Madam,
I am a SAP FI Certified consultant doing implementation Tata Refratories. I am from TCS and a project manager for this project
Please read my query below and try to answer.
Accounting Customer Retention Money
Retention amount is deducted by the customer and retained the amount as per terms of the sales order until the project of the order is completed. Once the sales order is fulfilled the Retention Money is returned by the customer to supplier.
I want to know whether SD Module can handle this. During invoice posting through SO, system must be able to post portion of the SO amount to retention account this is an Spl GL account which should not affect regular customer recon account.
For example lets say the invoice amount is 1000 out of which the customer will retain 100 and will pay 900 hundred only.
My expectation is whether Invoice posting from SO to AR can generate a seperate line item debiting Spl-Recon account
and Crediting the sales account for 100 INR and the Invoice must be posted with 900 INR. During customer payment customer will pay first 900 which will be cleared with invoice amount 900 and later when the customer return the retention amount then the 100 INR receipt will be cleared with 100 INR invoice which was accounted to Spl-recon account.
Note: Vendor retention is available in MM/PO side and this is handled the same way that I explained above
MIRO Posting takes care the Vendor retention accounting in to Spl-Recon account.
Thanks
R.Venkat
SAP FI/CO Consultant from TCS
Invoice posting through SO

Hi,
Create a GL account as Retention Money from Customer A/c. Now through your pricing conditions and VKOA settings take the 10% of the sales amount and post it in Retention Money account.
So your accounting entry will be
Customer A/c 1000 (subledger)
To Retention Money A/c 100
To Revenue A/c 900
You may take the SD consultant help for this.
Best Regards
Vimal

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my client required retention money senario?
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Dear Murali,
Retention money is that part of the invoice of a vendor, which is not paid to the vendor until some pre agreed conditions are satisfied.
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Expense A/c Dr 1000
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what is the need for maintain retention money?
is it applicable in customer poin as well as vendor point
how do we do the settings for this?
what the impact at the time of receipt and payments?
is there any relation between retention money and the customer and vendors?

Hi,
For retention money u can create a spl gl indicator, which will show retention money separately in trial balance, as well can trackrf in vendor account
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>> Edited to comply with the Verizon Wireless Terms of Service <<
Message was edited by: Verizon Moderator

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My customer using the concept of retention money concept,
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We have following requirement:
We awarded a PO to vendor in that there is portion of retention money. This is a sort of security money which we keep for getting complete qty / services from vendor.
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