Milestone Payments

Option 1 Using MM frame work orders or the invoice plan in PO

Before you can work with the invoicing plan, the following conditions must be satisfied:
Create the necessary settings in Customizing for Purchasing under Purchase Order Invoicing
Plan. For example:
Invoicing plan type
Date categories
Date descriptions
Date proposals
The PO item must have an account assignment.
You must use Logistics Invoice Verification
If you wish to use automatic settlement for periodic invoicing plans, automatic invoice creation must
be agreed with your vendor. Eval. Receipt Sett. Delivery must be selected in the vendor master
record.
http://help.sap.com/erp2005_ehp_06/helpdata/EN/75/ee0d3355c811d189900000e8322d00/conte
nt.htm?frameset=/EN/e1/1c7096a39b11d1a39c0000e8a522f1/frameset.htm

Created a sample framework order in DV1.


Option 2 Using the instalment payment terms in FI.
Below is an example in DV1 of using the invoice payment terms in SAP. The payabe value gets split
between the instalment payment terms.