Dear All,
Our Company is purchasing services or goods that require milestone payments. Company signs an agreement with a vendor and generates a PO for amount of the agreement. Payment term are based on mile stones, for example 30% at start of project, 30% up on completion of a major milestone, 30% prior to delivery and 10% close of project.
This scenario occur for both product purchases, such a specialized equipment, and services such as consulting or design services.
Requirement:-
- We need to setup AX to process such purchase scenarios.
- We have already considered the scenario of entering the milestones as line items in a PO.
- We would prefer to do this without customization.
Any one knows how to get this functionality or any suggestions.
Thanks and Regards,
MAHADEV S