How can I apply a retainer from one client to another client; for example, two divisions of the same company?
A client retainer is client specific and cannot be split between two or more clients. However, to “transfer” a client’s retainer balance from one client to another do this: add a negative retainer payment to the client who has the balance. Add a positive retainer payment to the other client. Choose Accounting > client payments. From the edit menu, choose add client payment > Retainer/Deposit/Advance. Add the amount as a negative number. Add the client payment to the other client as a positive number. The positive and negative payments net to zero and offset one another.
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