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samuelzadames
Community Member

Milestones

Hello, UpWork Community

 

I'm new here, i'm a graphic design student from venezuela. I was wondering how to use milestones as a logo designer, i don't know what these are about. Can someone please explain me how these work?

1 REPLY 1
melaniemaghanoy
Community Member

Hi Samuel,

 

Milestones are escrowed funds done by the client for a Fixed Price contract. Fixed-price contracts do not bill to your client automatically, but are covered by Upwork Fixed-Price Protection. The client makes a deposit into escrow and sets up a milestone. When you submit the milestone deliverable, the client releases the funds.

 

When your client releases a milestone or final payment on a fixed-price job, it immediately shows as pending on your financial account. They become available after the standard five-day security period.