on 05-15-2014 7:49 AM
Dear SAP PS Members
I am trying to execute a milestone based Payment process in SAP PS module for managing the Invoice to be paid in my company.
what I have understood up to now is it can be done using below steps -
1. Activity/Milestone Confirmation
2. Milestones actual completion date to be adopted in Invoice plan in an external activity.
Somehow I am not able to copy the milestone dates in invoice date ....Can I Know Where I may be going wrong. are these milestones different from billing milestones , if yes what are options to do so , as from my basic research on this discussion i can see that people have done it.
Can anyone Guide me with Steps to do so - Whats the best way to go ahead with Milestones based payment in SAP PS ..as we look forward to go ahead with activity based confirmation to our contractors /vendors on Construction and engineering projects.
awaiting your responses and ideas ...
Thanks Team ,
Avinash Shelke
Hi Avinash,
Milestone billing in PS is only link to billing plan in Sales order - means that it's used for billing your customer.
What I understand is you want to use Milestone to plan the payment to your vendor/contractor, right?
Unfortunately there's no function like this for PS milestone.
Best regards,
Andy
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Hi Avinash,
Refer to below Wiki links. Once you confirm the network activity in project actual date will get update to assigned milestone. Billing block will be removed automatically in the sales order once the activity confirmation is done. Now sales order line item (milestone line) appears in billing due list.
Billing Plans in Project System - Product Lifecycle Management - SCN Wiki
Regards,
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Hi NAG,
I think the query is related to Milestone based Payments i.e. payments that will be done to the contractors or vendors based on Milestones (Purchase order involved here).
What you have mentioned speaks about Milestone Billing process related to Sales Orders.
@Avinash - Correct me if i am wrong.
I believe your requirement can be satisfied. Refer the link below,
Generating Dates from Milestones - Costs - SAP Library
Regards,
Gokul
hello
Milestone is a milestone.
There are not billing milestones there are only milestones with option Sales document date. It means that this milestone can be used in financial planning.
So if you tick a checkbox Sales document date you will be able to use date of this milestone in your invoicing plan.
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