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creating a milestone

Active Member
Robert Z Member Since: Jan 11, 2021
1 of 3

I created a contract with a budget of $180, now I would like to create a milestone to release $50 dollars but I try to add milestone, my budget seems to increase to $230. How do I release $50 while staying on budget of $180? Please help

Community Guru
Virginia F Member Since: Feb 15, 2016
2 of 3

Robert Z wrote:

I created a contract with a budget of $180, now I would like to create a milestone to release $50 dollars but I try to add milestone, my budget seems to increase to $230. How do I release $50 while staying on budget of $180? Please help


Robert,

You cannot add a milestone until the first one is released. When you release a milestone, you have the option to release only a portion of it. So you can release $50, and the remaining balance will automatically move to the next milestone.

Community Guru
Preston H Member Since: Nov 24, 2014
3 of 3

Robert:
If it makes you feel any better: The budget doesn't really matter.

 

For example:
You set up a budget for $500.

You set up a milestone for $100 and released that money to the freelancer.

 

This is no different than:

You set up a budget for $1000.

You set up a milestone for $100 and released that money to the freelancer.

 

In BOTH situations, you paid $100 to the freelancer.

Ignore the budget.

 

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