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Retension amount .............any solution form PS?


1. Milestone billing: after completing a milestone, client raises a bill for 100%, 100% billled( as per contract his client releases only 70%).......after completing 2nd activity releated to first activity, he releases the amount of 2nd actvity and 30% of first activity ............

My question is .....after claiming 100%, again the client requires an alert or remainded for the that 30% is still left out after completing the second activity ..................

anything we can do from PS????

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    Posted on Dec 20, 2008 at 06:14 PM

    when the billing for 100% is done the revenue is posted on the WBS

    if the client only pays 70% then the invoice is not yet completed and needs to be handled in the FI side

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