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A milestone
represents an agreed upon deliverable or commitment by the supplier
and is typically tied to a due date and payment. You can use milestones
on a requisition to build the requisition by phases, such as adding
items like "Phase One."
Users can verify milestones using milestone
trackers (MT), which can trigger Accounts Payable (A/P) to pay fees;
milestones that are not completed by a due date can also flag A/P to
withhold or adjust payments.
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To display the Milestones screen, click Contract
in the Navigation Panel or Create in the central "swoosh"
or image on the Home page, and then Contract Request on
the Create a New Request screen. After defining the contract,
click Milestones.
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