Milestone Billing Workflow

Ensure a system administrator completes the setup tasks:

1. Add one or more milestone templates.
2. Link an item to a milestone template.

After the setup is completed, you can create a billing schedule to use the milestone functionality: 

1. When creating a billing schedule, set up a milestone item: 
   1. Apply a milestone template to the billing schedule.
   2. Add item to the billing schedule and set the Billing Type to Milestone.
      Note: The Milestone billing type cannot be applied to a resource.
   3. If needed, edit the milestone details for the line.
2. Update the completion date for the billing schedule lines that use the milestone billing functionality.
3. Create invoices.

For information on how milestone billing works with unbilled revenue, see the following articless: 

• Unbilled Revenue Workflow (go to the section Basic Workflow)
• Unbilled Revenue: Examples (go to the section Use with Milestone Billing)