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When it comes time to bill your customer and you have completed 50% of a 2000 square foot foundation, you can enter a fractional quantity of the work complete (enter 0.50 in the Quantity field) and the price.By a business being paid in intervals it ensures that there is always steady money flowing in. Create a sales order to list all the project components, including a line item for each service activity. Progress billing is the ultimate invoicing tool that will make any cash flow issues a thing of the past or improve upon an already great one.For example, enter a Regular price for Foundation at $100,000.00 ($50/sq ft x 2000 sq ft). For each service item, specify the unit of measure as Each, and set the price as the total price for completing the task. Set up each activity as a flat fee service item.If you want to invoice for a percentage of total work completed in a project: When preparing the invoice, you can also allocate the amount to the project with the Allocate button (or click in the Allocate column) at the same time. The remaining work (1000) will appear in the Back Order column. When the foundation is 50% complete and you are ready to issue an invoice, simply retrieve the sales order, change the transaction type to Invoice, and enter the amount complete in the quantity column (1000).For your Foundation service activity on a 2000 square foot property, enter 2000 in the Quantity field. Create a sales order to list all the project components, including a line item for each service activity, using the total amount of work measured as a quantity.For example, set up a service activity called Foundation, specify the unit of measure as square foot, and a price of $50/square foot. For each service item, specify a unit of measure and a enter a price per unit. Set up each activity as a service item.Find and open the estimate on the customer's page. Find and select your customer on the list. Go to the Customers menu and select Customer Center.
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For progress invoices, you work from your estimate instead of the normal invoice workflow.
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