Invoicing Options and Payment Schedules

If you plan to run a profitable business, you must first determine how and when you will get paid. Do you need to issue an invoice to cover your start up costs? Will you issue a monthly bill? Or do you plan to send out a bill according to percentage complete? Before you start a project, you should first agree upon how you will invoice (bill) your customer (this can be defined by your work contract). 

Invoicing Options

Cost +

Set Price

Payment Schedules

Deposit

Monthly or progress billing

What do you want to do?