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Hello. We usually set up orders and projects with billing based on a billing agreement with the customer. A billing agreement would be something like this:

  • 60% on PO placement
  • 30% on final acceptance
  • 10% on shipment

A project manager who oversees the project would monitor milestones being completed and then would notify our A/R department that it could proceed with billing. Therefore, we need to be able to bill the customer in stages. I would appreciate it if someone can advise on the best way to do this in IFS. 

 

 

I have the same scenario. i am itending to use the project milestone and to link each milestone to the invoicing plan. however, this method uses fixed price instead of percentage so up to you to enter the corresponding price. 

The inconvenient of this method is that i couldn’t view the milestones on the Gantt, if i am not mistaken. An other way i want to test is to use milestones activity (which can ve viewed on the Gantt), let’s say one activity milestone per invoice in the invoicing plan. 

I have no more experience about it, so if some one could advise us about the best way to proceed as Andrey expressed, we ‘ll appreciate

Regards

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