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Invoicing

Progress Invoice

The short answer

A progress invoice bills for a portion of a bigger job at a defined milestone — materials delivered, a phase completed — rather than waiting for one invoice at the end. It keeps cash moving in step with the work instead of you financing weeks of it yourself.

What it means

Bigger jobs create a cash-flow problem if you bill only once, at the finish: you’re buying materials and paying for your own time for weeks before a cent comes back. Progress invoices break the total into stages tied to something visible and checkable — “framing complete,” “materials on site” — so payment tracks the work instead of trailing miles behind it.

Tie each stage to a milestone the client can see for themselves, not a date on a calendar. A date-based schedule invites arguments about whether the stage was “really” done by then; a milestone-based one is just true or not yet true.

For example

A $12,000 deck build is split into three progress invoices: $4,000 on the deposit, $4,000 when the framing’s inspected and passed, $4,000 on completion. You’re never more than a third of the job’s cost out of pocket at once.

The mistake to avoid

Setting progress-invoice dates by the calendar instead of by milestone — so an invoice goes out for “week two” even though a client-caused delay means week two’s work hasn’t actually happened yet.

See also

Want this handled automatically?

BizBinder keeps quotes, invoices, deposits, and reminders in one binder, so using the right term is the least of it — the underlying habit runs itself.