Select Milestone Information – A summary of the activity
You can partially accept the target and pay as per the acceptance or completely reject the target if not satisfied by the work of supplier. In case of partial acceptance, the payments are partially released through milestone based payments.
This activity allows you to map the advance milestone to the order document. You can view already completed milestone details, the completion percentage and balance amount to be billed. You can specify milestones for any PO with regular item and service item. You can also specify the OU in which each milestone will be reported and billed. Reporting OU and Billing OU will be same for every milestone. Based on the entered search criteria, the system fetches and displays the milestone information in the multiline.
Getting Familiar with the pages inside
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Select Milestone Information |
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Specify Milestones |
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Record Milestone Completion |