Skip to Content
author's profile photo Former Member
Former Member

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

Scenario:

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????

Add a comment
10|10000 characters needed characters exceeded

Assigned Tags

Related questions

1 Answer

  • Best Answer
    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

    Add a comment
    10|10000 characters needed characters exceeded

Before answering

You should only submit an answer when you are proposing a solution to the poster's problem. If you want the poster to clarify the question or provide more information, please leave a comment instead, requesting additional details. When answering, please include specifics, such as step-by-step instructions, context for the solution, and links to useful resources. Also, please make sure that you answer complies with our Rules of Engagement.
You must be Logged in to submit an answer.

Up to 10 attachments (including images) can be used with a maximum of 1.0 MB each and 10.5 MB total.