Creating an Invoice Milestone

Invoice milestones allow invoices to be sent out when your project reaches certain milestones. To set up a milestone:

Choose the project number on the Invoice Milestones form. Only projects with a WIP Relief Method of Revenue Recognition display in the drop-down.
Specify the milestone number in the Milestone Number field. Use the browser button to bring up a list of milestone numbers for this project.
Specify a description in the (Description) field.
Select the Planned Complete Date on the General tab. The planned complete date is the date you expect to print and post the milestone.
Specify the Planned Invoice Amount and any other optional information in the fields on the General tab. If you select Ignore Retention On Invoice, no retention is calculated on this invoice.
On the Requirements tab, you can specify any milestone requirements.
Select the Requirements tab to add requirements for each milestone. It is not necessary to have a requirement for a milestone.
If you are utilizing advance payments, use the Create Invoice for Advance Payment and Advance Payment Deduction Amount fields to add advance payment information.
Save the record.