What is Progress invoicing?
What is Progress invoicing? Let’s take the scenario at the beginning of the blog. The contractor sent over the estimate and started working. The customer (building’s owner) chose to split the total amount into multiple payments. So, every time the contractor completed a stage, they would send an invoice to the customer for payment. It is called Progress Invoicing or Progress Billings. Progress Invoicing are invoices requesting payment for work completed to date. Progress Invo