Bill as You Go

Large projects that span weeks or months shouldn't wait until completion for payment. Progress invoicing lets you bill clients at defined milestones or percentages of completion, improving your cash flow while the project is still underway. FiscalInsights makes progress billing straightforward—set up the billing schedule when the project starts and invoice against it as milestones are reached.

The milestone approach divides the project into defined deliverables, each with a billing amount. When a milestone is complete, generate the associated invoice with a click—it references the specific deliverable and the original agreement. The percentage-of-completion approach is more fluid, letting you bill based on how far along the overall project is, which works well for ongoing service engagements.

Holdback tracking is built in for industries like construction where a percentage of each invoice is retained until project completion. FiscalInsights tracks the holdback amounts separately, shows the running total withheld, and generates the final retention invoice when the project closes. This end-to-end progress billing workflow means your project cash flow is predictable and your records are complete.