That number you see in your contract details is the difference between the budget you and the freelancer agreed to originally and what was paid on the contract to date.
In addition, I have with freelancer job-by-job agreements. I ask to code, send a manual, and then he gave the price for that job. We never spoke about $1000, or about any specific price as the total. In fact, I have had with the freelancer different jobs that is not related to a previous job.
Your calculations make me confused.
Negative experience with company calculations.
I still don't see $1,000 anywhere. Perhaps there is a misinterpretation.
The amount in the budget is how much this project was budgeted for, this amount totals up all of the milestones that have been set: $720 (milestone 1: $200, milestone 2: $100, milestone 3: $70, milestone 4:$350)
The amount in escrow is what has been funded but not yet released to your freelancer, this amount is the payment for milestone 4 of $350
The amount paid is the total amount the freelancer has received to date. They received the 3 milestones that were set in your budget amount- $370 plus you gave them 2 bonuses totalling $110, so to date you have paid your freelancer $480
The amount remaining is the difference between the amount you have budgeted and what the freelancer has received for this project. So since you had budgeted $720 and the freelancer has already received $480, it states that the remaining amount the freelancer is owed is $240. Now this amount is confusing because it includes the bonuses in the amount paid to the freelancer, although those werent a part of the budget.
Does that make sense?
You already agreed that budget of $1000 was misinterpretation or a mistake (of someone in the company). I would agree on that.
The remaining amount as the meaning of it (as you explained me) has no meaning or logic at all.
That was a mistake, or as you wrote a "misinterpretation” (of someone in the company), and I would agree on that.
Hi Valery. I was stating that you may be misinterpreting the amounts. Where are you seeing an amount of $1,000? Are you totaling up other amounts to come to this number?
The amounts displayed on your budget page are Budget: $720 Escrow: $350 Paid: $480 Remaining: $240
Are you seeing something different?