The front convinces the homeowner.
The back convinces the bank.
Each card's back is the phase's accounting line, already resolved with your jurisdiction's rule: how much retainage is withheld, in how many days payment is due, and which waiver form releases the lien.
It isn't a PDF somebody assembles at month end. It's what the phase produces on closing, with the legal citation next to the number, so whoever receives it can verify it without calling you.
Phase 02 · Framing
| Item | Value | Source |
|---|---|---|
| Phase line | 42,000.00 | Contract |
| Retainage | 5.00 % | ORS 701.420 |
| Withheld | −2,100.00 | Computed |
| Due | 39,900.00 | — |
| Due in | 14 days | ORS 279C.570 |
| Waiver | Progress | Statutory |
It goes into the books you already keep
We do not replace your accounting and we do not want to. The paid document and its entry land in the ledger you already use, so your accountant changes nothing about how they work.
And if your accounting runs on a machine in your office rather than in a browser, a local agent takes it there too. Desktop ledgers are still how a lot of this trade keeps its books, and that is not a reason to be left out.
Your state changed the retainage rule
California capped retainage at 5% on private work from 1 January 2026, and New York capped it at 5% too. If your contract still says 10%, the number you are withholding is not the number the statute allows.
We already know it, with the statute cited. A rule that changes is data here, not a release: the day a legislature moves a cap, the figure that goes into your phase moves with it and your contracts do not need rewriting.
Your state's law is already inside
Retainage, prompt-payment term and waiver form, loaded with their citation. Not a help article: the number that goes into the phase calculation.