The module for facilitates phased invoicing for projects, enabling businesses to manage and track customer payments throughout the project's lifecycle. This module is particularly beneficial for industries such as construction and services, where billing occurs in stages based on project milestones. By integrating progress billing with analytic accounts, it ensures accurate tracking and reporting of project finances.
Set total progress billing amounts on analytic accounts.
Generate customer invoices with progress billing details.
Track previously invoiced amounts and outstanding balances.
Print detailed progress billing PDF reports.
Integrate seamlessly with invoicing and project modules.
Enhance financial transparency by tracking billing across project phases.
Improve cash flow management with timely invoicing.
Reduce administrative workload through automated billing processes.
Ensure accurate project costing and profitability analysis.
Strengthen customer relationships with clear and detailed billing statements.
Simplify Financial Review for Accountants
Track Customer Progress Billing in Invoices
Project-Based Billing Linked with Analytic Accounts
Separate Progress Billing for Customer Invoices and Vendor Bills
Customer Progress Billing and Invoicing apps helps to view billing information of each customer inside the each customer invoice , all progress billings are comes based on customer project/analytic account and you can see Process Billing Information such as total progress billing amount , previous and current invoiced Billing, previous amount due and current amount due. These all information is very important to see on customer invoice mainly for service and construction industry when any service has been provided to the customer and costing handle by the analytic account project management so whenever any new invoice has been issued accountant can easily check all the billing information for that customer. You can see Process Billing Information should be separately worked or computed for customer invoice and vendor bill.
Analytic Account Configuration
You can set Total Progress Billing Amount on the Analytic Account.
Customer Invoice with Progress Billing Project Phase First
You can add progress billing title on invoice form and selection of project and auto compute progress billings amounts.
Customer Invoice with Progress Billing Project Phase Second
You can see when analytic account and customer both are same, Only that case process billing information should be merged.
Paid Customer Invoice with Progress Billing Project Phase First
When you paid an invoice of phase one, Auto compute process billings amounts.
Customer Invoice with Updated Progress Billing Project Phase Second
Once updated previous phase, It will auto update in current phase of process billing information or amounts.
Print Progress Billing Report
Progress Billing Report in PDF Format
You can print progress billing report in PDF format to send your customer.
