Set up of milestones

There are two ways to use the schedule template.

Either you set up milestones, which allows a more refined management adapted to the needs of your customer, possible for both types of schedule (billing and payments),
Or you use the start and end dates on the invoice and then the frequency field in the schedule template, available only for payment schedules.

In the following article we will explain the procedure to set them up.

The milestones allow you to choose the percentage of the amount including VAT:

of the invoice for the payment to be created, or
of the quotation / opportunity to be applied on the partial invoice to be created.

You can also decide the gap (number of days/months/years) that should be applied between the current milestone and its reference milestone (initial milestone or previous milestone).
The use of milestones therefore gives you great flexibility.

Schedule without milestones

If you decide not to use the milestones, the frequency chosen on the schedule in question will be applied to the dates indicated on the invoice (for the payment schedule):

The generated settlements are distributed in an equal manner.

Example:

Type	Payment
Initial Amount incl. taxes	1200,00€
Start date	01/01/2020
End Date	31/03/2020
Frequency	Mensuelle
Result	3 Règlements attendus
Amount incl. taxes per payment	400,00€

Caution:
The frequency must be adapted to the invoicing period chosen in the invoice.
If you choose an annual periodicity for a one month invoicing period, only one payment will be created.

For billing or payment schedules, you can create milestones to complete the schedule template.

Creating milestones

Here is the procedure for setting up the milestones for the schedule templates.

Steps

1. Click on the Application launcher.
2. Type in the search bar Schedule and click on the link to the object.
3. In the related list Milestones click on the small arrow on the right.
4. Click on New.

5. Fill in the fields according to your needs.
6. Create as many milestones as you want to add to your schedule template.

The fields of the milestone object

Here is an explanation of the fields available in the Milestone object.

Record Name	Text (80)	Give the milestone a meaningful name
Percentage	Percentage (4,6)	Percentage of milestone To be filled in manually
Schedule	Master-Detail (Schedule)	Automatically populates the schedule linked to the milestone
Position	Number (3,0)	Allows you to enter the position to which the milestone should be applied 1 = first milestone > first invoice / first payment created
Currency	Picklist	Allows you to enter a currency Like the VAT and the language, the currency can be configured at several levels (inheritance). You can also configure it at the level of the Corporate name, Account, Accounting data, Opportunity, Quotation, Subscription or Invoice.
Reference Milestone	Picklist	Is the reference milestone : the initial milestone or the previous milestone? If it is the first milestone, please select - None -
Gap with Reference Milestone	Number (5,0)	Number of days/ months/ years according to the unit chosen below
Gap with Milestone Unit	Picklist	The unit that applies for the deviation from the reference milestone