1. Purpose
The Deposit Schedules Module organizes client advances and project funds into structured, percentage-based milestone payouts tied to project progress completion stages.
Screenshot: Deposit Schedules & Milestone Management Dashboard
2. How It Works
Instead of releasing funds all at once, deposit schedules break down total project financing into discrete milestones (e.g. 25% Initial Mobilization, 30% Foundation Completion, 35% Structure Completion, 10% Final Handover). Milestone releases can be triggered manually or upon reaching verified milestone completion percentages.3. How It Helps
- Financial Risk Protection: Aligns cash disbursements with physical work completed on site.
- Predictable Cash Flow: Gives contractors and clients clear schedule dates for upcoming payment releases.
- Milestone Tracking: Direct integration with project timelines and task completion rates.
4. Step-by-Step Actions
A. How to Create a Deposit Schedule
1
Open Deposit Schedules
Click Finances -> Deposit Schedules.
2
Click Create Schedule
Click + New Milestone Schedule.
Screenshot: Deposit Schedule Creator Modal
3
Add Milestones & Percentages
Define milestone titles, target percentage allocations (totaling 100%), and expected release dates.
4
Save Schedule
Click Publish Schedule.
B. How to Edit / Release Milestone Funds
1
Locate Active Schedule
Select the project schedule in your milestone list.
2
Mark Milestone Completed / Edit Stage
Click Mark Milestone Complete or Edit Percentage Allocation.
Screenshot: Release Milestone Payment Modal
3
Confirm Release
Click Approve Milestone Payout to release the allocated funds.
C. How to Filter & Review Schedules
- Status Filter: View schedules by Draft, In Progress, or Fully Released.
- Project Filter: Select specific projects to review milestone progression timelines.
D. How to Delete / Archive a Deposit Schedule
1
Archive Schedule
Click Archive Schedule from the schedule action menu.
2
Confirm
Confirm archiving to remove unreleased milestone rules.