Configure organization Financial Settings

Organization Financial Settings establish shared defaults and financial behavior.

Best for: Financial administrators · Requires: Financials write permission.

1. Open Organization Settings → Financial Settings.
2. Select Edit.
3. Review:
   • Track Materials Stored
   • Default Retention Percent
   • Hide Budget Codes on Owner Pay Applications
   • Billing Period Due Date Day
   • Require Cost Type on Line Items
   • Hide First Level Cost Codes
   • Lien Waivers
4. Save.

Default Retention Percent is used when creating new commitments; the commitment's default then applies to new line items. Billing Period Due Date Day accepts a day from 1 through 31 and is used when billing periods are created automatically.

For the complete financial setup sequence, see Configuring organization financial settings.

Back to Organization Administration Help