Purchase order creation of milestone based project.

[balamunil]

Hi Folks,

We had a contract with the customer for a project and the same is the milestone-based project. The billing pattern is mentioned below

• Milestone -1 – end of 4^th week

• Milestone – 2 – end of 8^th week

• Milestone – 3 – end of 12^th week

• Final payment – 4 Post project closure.

The above project is a subcontract to a third-party vendor same billing pattern i.e. milestones and 6 resources are working on this project. The vendor will raise the invoice on the completion of each milestone.

Considering the above transaction we wanted the purchase order creation of the milestone-based project.

What is the best way to do this process?

[Gabor_Kovacs]

You can setup Periodic Invoicing Plan - milestone-based PO is not available at this moment.

See the online help for details: Creating an Invoicing Plan - SAP Help Portal