Streamline Your Projects with Our Progress Billing Template for Supervision

Progress billing template for Supervision

welcome in this tutorial we're going to see how to create progress invoices and equipments online the progress invoice or progress invoicing in previous online is a future that allows businesses to invoice a customer for a portion of a project total estimated cost based on the percentage of work that has been completed this is a particularly used for businesses that work on long-term projects or projects that are completed in in stage so um yeah yes how progress invoices work in previous online so firstly when creating an estimate for a project a business can specify how much of the total project cost will be invoice at each stage of competition secondly as work is completed and the business wants to invoice the customer for the workload they can create a progress invoice based on the percentage of the project that has been completed thirdly the progress invoice will show the amount that is due for the completed work as well as reminding balance of on the project um once the customer pays the progress invoice a business can apply the payment on the invoice and the traffic remaining balance as such we can invoice our clients progressively so let's get to to the software and see how you enter how to create a progress inverse all right for Progress invoices you need to first of all activate the option for Progress invoicing if you're using previous online Plus so to activate the progress invoices and Craigslist online you need to get to the K icon you get to accounts and settings on Advanced and settings you need to get to sales a serious option and under sales we are going to see the progress invoice if yours is off you will want to put it on so that you have the possibility to track progress invoice so I'll take the pencil and activate progress invoices update your invoice template I will take 4K and Save done so if you have activated progress invoicing from the settings you can now have the possibility to some use progress invoices in cables online for you to convert or create a progress invoice you must have first of all had an estimate an estimate showing uh the different cost of a different projects so for you to get to your estimates you get to the sales icon and they take estimates so you can have access to all the estimates available in the company file we're going to take an example with this second estimate of twenty thousand dollars for you to also convert an estimate to a progress invoice it should have expectations of pending or being accepted if yours does not have these status you can take the truck down this year and a figure of these stitches then you have the possibility to either make impending or accepted since ours is already on pending we're going to take the drop down list and they convert to invoice when it convert to invoice they're going to ask how much do you want to to invoice so this is now the progress invoice option remember if you had not activated the progress invoice options in the settings this window won't appear to decide on how you want to invoice your customer or your donor you can invoice with the remaining total of online it means the remaining total of the SMS will just be invoice automatically you can take the second option which is um invoicing just portion or a percentage of how much of the worth of the of the estimated equation like for example here you can see the estimate was worth twenty thousand dollars uh yeah we say fifty percent it means we're going to invoice just ten thousand dollars um you could depending on the progress of the invoice depending on what has been done so far you could decide on the percentage you want to invoice your customer or your Luna Uh custom and amount for each line with this you have the possibility to open the estimate or the the invoice and the custom every amount on every line you are invoicing your customer this one will automatically reduce or invoice 50 on each line in the estimate so we're going for example to take this option and they take create invoice so you can see the document appears here as an invoice the same customer is information and everything that was assigned in the estimate and you can see you 50 percent of twenty thousand dollars and giving us this total of ten thousand dollars the class is on program so we are going to invoice the customer just with uh 20 50 of the estimate and that is simply how you you create a progress invoice so you can see save and cruise um in the case of a project or if you're not a pass through directly from estimates you might have created a project and in that project you might have created an estimate for that project like for example this is um an estimate made on a project if we go to the project stuff you'll notice that there is a project that was created in this company file and when we enter in this particular project we get to transactions we notice that there's an estimate that was created for this particular project so from here we can then take create the pledge remember here this company file is for an NGO so here we're going to be seeing the pledge but in case it is not an angel you will have to so you see a invoice or create invoice so you can create a pledge from this estimates and naturally they are going to ask people to ask by how many percent we want to and the invoice or I don't know we could choose a percentage or we could equally since we already saw with the percentage we could equally take this that option to custom amount for for each line it means what is going to open we are going to decide on each line how much we want to invoice the customer so yeah um we can't put you can make it in form of amount or in terms of percentage so yeah this line is 5 500 000 we're going to put for example two hundred thousand dollars and a year we put for example 400 000 dollars and you can see it applies the amounts and the give the amounts by which we are invoicing uh they don't know based on the different amounts we mentioned so for each line you have the possibility to decide the amount your invoice to your customer from here you can take save and close so when you take it that way this was a project already you can see when we come to the overview you can see that there is an income of 600 um there's a non-profit revenue of 400 000 contribution of 200 000 giving a total income of 600 000 reached in that which came in for this particular project and when you get to the transactions you see that there is still an estimate there is still an estimate here that you can keep on improving or getting to the next level as the project or the activities for which the donation was made is moving uh same thing when you come to sales on estimates your equally see the other estimates or whereby you can end up converting it again or when the next level of the project is being completed you can keep on invoicing a customer or the donor as the project is improving so simply that is how we create a progress invoices in people's online