Adding a Milestone Payment

You can add a milestone payment to a sales order.

Required access roles:

  • Baseline: Leader
  • App-specific: Contracts Manager, owner of the contract

Before you begin: A contract price item and sales order must exist.
See Also
Opening a Contract
Adding Contract Price Items
Adding a Sales Order
  1. From the Contract Price tab, select the check box for the associated sales order.
  2. From the page toolbar, click Actions > Add Milestone Payment .
  3. Enter the following information:
    Field NameDescription
    TypeDefault is set to Milestone Payment.
    NameEnter a name for the milestone payment or check Autoname to name it automatically.
    DescriptionEnter a description of the milestone payment.
    DurationEnter the duration in days or hours.
    PolicyFrom the list, select the policy: Project Task or Contract Financials Milestone.
    TitleEnter a title for the milestone payment.
    Type of PaymentFrom the list, select the payment method: Allowable Cost and Payment, Other, Performance Based/Milestones, Progress Payment, or Unassigned.
    AmountEnter the amount of the milestone payment.
    Allocated Shows the allocated cost and profit or fee.
    UnallocatedShows the unallocated cost and profit or fee.
    Expiration DateClick to select the expiration date.
    Task Constraint DateClick to select the task constraint date.
    Task Constraint TypeFrom the list, select the task constraint type.
  4. Click Apply to add more milestone payments or click OK to complete the action.

The new milestone payment is listed below the contract price item on the Contract Price tab.