Progress Invoices
Projects or services that extend over a large period of time require merchants or suppliers to distribute the corresponding payment requests over multiple invoices. In this context, businesses issue issue progress invoices at different stages of a larger project, usually at previously agreed rates and following a predefined schedule. The amount of a progress invoice often represents the estimated value of some expected work or goods that may yet to be delivered.
To support these scenarios, JustOn Billing & Invoice Management allows for creating progress invoices.