Advance Payment Deduction Amount

Enter the amount of advance payment to be deducted for any invoice generated from this milestone. If the total is ever greater then the advance payment Invoiced to Date amount, an error displays and you are unable to save the current milestone.

The Projects form keeps a running total of the invoice deduction amounts, which are updated when each invoice payment is posted.

This field is disabled if the Create Invoice for Advance Payment field is selected.

On the Revenue Milestones and Invoice Milestones forms, this field displays on the Audit tab and is read-only.