About escrow and invoice

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Abhishek

• October 27, 2017 05:02

 Hello PPH team,

I am having a project and amount is 1000$. During start of project client has credited 300$ in escrow. Now project is completed and I have raised the invoice 1000$(for whole project). does he need to pay only 700$ and I ll get those 300$ from escrow or he needs to pay 1000$ and 300$ goes back to him ?

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  Permanently deleted user

  • October 27, 2017 10:39

  Hello Abishek,

  Once you have raised the invoice for the full amount ($1000) then your buyer will have to pay the invoice for your work completed. This includes the money already in escrow, the buyer doesn't get that money back, that money is there as a safety net for you, to make you feel secure that you will get something for the work you are doing.

  Please let me know if I can help you with anything else.

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  amir

  • October 31, 2017 12:19

  i advertised a job and we were doing good then the freelancer got some problem and its half left i need my job done asap , there is money is escrow i want to amend that and appoint someone else to get the job done , How i can amend escrow payments ? 

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