Feb 3, 2020 03:11:49 AM by Klara K
Newbie question. How to figure out whether or not a client has funded the money in the escrow account for a fixed-price project?
Thanks in advance.
Solved! Go to Solution.
Feb 3, 2020 06:55:27 AM by Robin H
Klara K wrote:Thanks Robin. What if there are no milestones and I choose to be paid when the entire project is completed? Or in case of fixed-price projects it's better and safer to set milestones?
Good questions. You don't need milestones. You will get different answers from different freelancers, but if a project is $500 or less, I ask the client to fund the entire project within one payment. For longer, more complex projects, you will want milestones so client is paying you throughout the project as you complete specific tasks.
Feb 3, 2020 06:44:29 AM by Robin H
Click on "My Jobs" from the top navigation on Upwork. Here is a list of all in progress jobs. If you have a milestone in escrow (aka funded), it will read "active" and indicate the amount. You will also have a green submit button to submit your deliverable or alert the client you are done with the milestone.
If you do not have a funded milestone, it will read "no active milestones" adjacent to the job.
Of course if you haven't accept the job yet, it will not be on this list until you do so.
Feb 3, 2020 06:52:33 AM by Klara K
Thanks Robin. What if there are no milestones and I choose to be paid when the entire project is completed? Or in case of fixed-price projects it's better and safer to set milestones?
Feb 3, 2020 06:55:27 AM by Robin H
Klara K wrote:Thanks Robin. What if there are no milestones and I choose to be paid when the entire project is completed? Or in case of fixed-price projects it's better and safer to set milestones?
Good questions. You don't need milestones. You will get different answers from different freelancers, but if a project is $500 or less, I ask the client to fund the entire project within one payment. For longer, more complex projects, you will want milestones so client is paying you throughout the project as you complete specific tasks.