{"id":12274,"date":"2026-03-02T07:00:45","date_gmt":"2026-03-02T07:00:45","guid":{"rendered":"https:\/\/www.hashmicro.com\/ph\/blog\/?p=12274"},"modified":"2026-03-06T08:38:15","modified_gmt":"2026-03-06T08:38:15","slug":"progress-billing","status":"publish","type":"post","link":"https:\/\/www.hashmicro.com\/ph\/blog\/progress-billing\/","title":{"rendered":"Progress Billing: Definition, Types, Benefits &#038; How to Implement"},"content":{"rendered":"<p>Progress billing is a structured system that helps businesses manage payments across multiple project stages. Have you experienced handling a project where tracking payments feels harder than completing the actual work?<\/p>\n<p>Despite its advantages, challenges persist, including unclear payment schedules and invoicing errors that disrupt operations. According to <a href=\"https:\/\/www.bworldonline.com\/\" target=\"_blank\" rel=\"noopener\">BusinessWorld<\/a>, 20% of projects in the Philippines face delays due to payment disputes and inefficient billing systems.<\/p>\n<p>If you want to streamline your workflow and speed up payment collection, it\u2019s worth exploring how progress billing can transform your operations. Continue reading to learn more and to see how automation can simplify the entire billing process.<\/p>\n<div id=\"toc_group_article\" style=''>\r\n\t<p style='font-size:25px;font-weight:bold; margin-bottom:0px'>\r\n\t\tTable of Contents\r\n\t<\/p>\r\n\t<ul id=\"list_toc\" class='list_toc'><\/ul>\r\n<\/div>\r\n\r\n<div id=\"placeholder-toc\"><\/div>\r\n<div id=\"toc\">\r\n    <div class=\"header\">\r\n\t<span class=\"toc-title\" id=\"toc-title\">Content Lists<\/span>\t\r\n\t <i class=\"toc-icon\">\r\n        <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"30\" height=\"30\" viewBox=\"0 0 24 24\" fill=\"none\" stroke=\"#000\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\" class=\"header-icon\">\r\n          <path d=\"m6 9 6 6 6-6\" \/>\r\n        <\/svg>\r\n      <\/i>\r\n\t<\/div>\r\n    <div class=\"list\">\r\n      <ul id=\"toc-list\"><\/ul>\r\n    <\/div>\r\n <\/div>\r\n\r\n<style>\r\n\/* Simple styling for the TOC *\/\r\n\t\r\n\t#toc ul li:last-child {\r\n    padding-bottom: 16px; \/* Adjust the value as needed *\/\r\n}\r\n\r\n.td-fix-index {\r\n\t transform: unset !important;\r\n     -webkit-transform: unset !important; \r\n}\r\n.footer-contact .td-fix-index {\r\n\t transform: translateZ(0) !important;\r\n     -webkit-transform: translateZ(0) !important; \r\n}\r\n\t.tdb_single_content .tdb-block-inner.td-fix-index{\r\n\t\tposition: static;\r\n\t}\r\n\t\r\n\r\n\t\r\n#toc {\r\n  background-color: #FFF;\r\n\tpadding: 17px 24px 20px 24px !important;\r\n  margin-bottom: 20px;\r\n\/*   border: 1px solid #9C171E; *\/\r\n  border-radius: 6px;\r\n\tdisplay: none;\r\n  max-width: 100%;\r\n  transition: .4s ease height;\r\n\tmargin-left: 0;\r\n\toverflow: hidden;\r\n}\r\n\r\n#toc .header{\r\n  display: flex;\r\n  align-items: center;\r\n  justify-content: space-between;\r\n\tbackground-color: transparent;\r\n}\r\n\t\r\n\t#toc.sticky .header{\r\n\t\tpadding: 4px 0;\r\n\t}\r\n\t\r\n.header p{\r\n  font-size: 18px !important;\r\n  font-weight: 600 !important;\r\n  color: #393939;\r\n   margin-bottom: 0;\r\n  \/* margin-top: 20px; *\/\r\n}\r\n\r\n.toc-icon{\r\n  float: right;\r\n\/*   visibility: hidden; *\/\r\n}\r\n\r\n\t.toc-title{\r\n\t\tmargin-right: auto;\r\n\/* \t\tpadding-left: 20px; *\/\r\n\t\tfont-weight: 600;\r\n\t\talign-self: center;\t}\t\r\n\r\n#toc ul {\r\n  list-style-type: none;\r\n  padding-left: 0;\r\n  padding-top: 20px;\r\n  margin-top: 0px;\r\n}\r\n\t\r\n#toc.sticky ul{\r\n\toverflow-y: auto;\r\n\tmax-height: 250px;\r\n\tmargin-top: 0px;\r\n\tpadding-top: 20px;\r\n\/* \tborder-top: 1px solid #d3d3d3; *\/\r\n}\r\n\t\r\n#toc ul li {\r\n\/*   margin-bottom: 10px; *\/\r\n  margin-bottom: 10px;\r\n\tmargin-left: 0;\r\n\ttransition: .2s ease;\r\n\tcursor: pointer;\r\n}\r\n\t\r\n\t#toc.sticky ul li {\r\n\t  margin-right: 10px;\r\n\t}\r\n\t\r\n.td-post-content #toc-list li a:hover, .td-post-content #toc-list a.active{\r\n\tbackground-color: #FFF;\r\n\/* \tpadding: 8px 16px 8px 16px; *\/\r\n\tpadding: 4px 16px 4px 16px;\r\n\tborder-radius: 6px;\r\n\tcolor: #9c171e !important;\r\n\tfont-weight: 600 !important;\r\n}\r\n\t\r\n\t.td-post-content #toc-list li:hover a, .td-post-content #toc-list a.active{\r\n\t\tcolor: #9C171E !important;\r\n\t\tfont-weight: 600 !important;\r\n\t}\r\n\t\r\n.td-post-content #toc-list a.active{\r\n\tfont-weight: bold !important;\r\n\tcolor: #9C171E !important;\r\n}\r\n\t\r\n#toc a, .td-post-content #toc-list a {\r\n  text-decoration: none;\r\n  color: #ea1717 !important;\r\n  transition: .2s ease;\r\n\tfont-weight: 400 !important;\r\n\tdisplay: block;\r\n\t\r\n\tpadding: 4px 16px 4px 0;\r\n}\r\n\r\n#toc.sticky {\r\n  position: fixed;\r\n\/*   top: 73px; *\/\r\n\tbottom: 0;\r\n  z-index: 100; \r\n  box-shadow: 0 2px 5px rgba(0,0,0,0.1); \r\n\twidth: 100%; \r\n\tbackground-color: #FFF;\r\n\/* \tbackground-color: #FFF1F1; *\/\r\n\tborder-bottom: 1px solid #ea1717;\r\n\/*   border: 1px solid #393939; *\/\r\n  box-shadow: 0px 0px 14px 0px #00000040;\r\n  cursor: pointer;\r\n\tanimation: fadein .3s ease;\r\n\tpadding: 12px 16px !important;\r\n}\r\n\t\r\n\t.fadein{\r\n\t\tanimation: fadein .3s ease;\r\n\t}\r\n\t\r\n\t.fadeout{\r\n\t\tanimation: fadeout .3s ease;\r\n\t}\r\n\t\r\n\t\r\n\t@keyframes fadein{\r\n\t\t0% {\r\n\t\t\topacity: 0;\r\n\t\t}\r\n\t\t100%{\r\n\t\t\topacity: 1;\r\n\t\t}\r\n\t}\r\n\t\r\n\t@keyframes fadeout{\r\n\t\t0% {\r\n\t\t\topacity: 1;\r\n\t\t}\r\n\t\t100%{\r\n\t\t\topacity: 0;\r\n\t\t}\r\n\t}\r\n\r\n\t\r\n#toc.sticky .header p{\r\n\tmargin-bottom: 10px;\r\n\tmargin-top: 10px;\r\n}\r\n\r\n#toc.sticky .toc-icon{\r\n  visibility: visible;\r\n\/* \ttransition: 0.4s ease; *\/\r\n}\r\n\t\r\n\t.toc-icon{\r\n\t\talign-items: center;\r\n    \tdisplay: flex;\r\n\t}\r\n\t\r\n\tsvg.header-icon{\r\n\/* \t\tbackground-color: #9c171e; *\/\r\n\t\tbackground-color: #FFF;\r\n\t\tborder-radius: 30px;\r\n\t\tpadding: 5px;\r\n\t}\r\n\r\n#toc.sticky .list{\r\n\/*   max-height: 0; *\/\r\n  transition: height 0.4s ease;\r\n}\r\n\t\r\n\t#toc .list{\r\n\/*   max-height: 0; *\/\r\n  transition: height 0.4s ease;\r\n}\r\n\r\n#toc .header.active .toc-icon{\r\n\ttransform: rotate(0deg); \r\n\topacity: 1;\r\n}\r\n\r\n\t#toc .header.active + .list {\r\n\t  max-height: 200px; \/* Adjust this value as needed *\/\r\n\t  opacity: 1;\r\n\t}\r\n\t\r\n\t#placeholder-toc{\r\n\/* \t\tdisplay: none; *\/\r\n\t}\r\n\t\r\n\t@media (min-width: 768px) and (max-width: 991px){\r\n\t\t#toc.sticky{\r\n\/* \t\t\ttop: 104px; *\/\r\n\t\t\tbottom: 0px;\r\n\t\t}\r\n\t\t\r\n\t\t#toc{\r\n\t\t\twidth: unset !important;\r\n\t\t}\r\n\t}\r\n\t\r\n\t@media (max-width: 767px){\r\n\t\t#toc{\r\n\t\t\twidth: 100% !important;\r\n\t\t\tdisplay: inline-block;\r\n\t\t}\r\n\t\t\r\n\t\t#toc.sticky{\r\n\t\t\twidth: 84% !important;\r\n\/* \t\t\ttop: 81px; *\/\r\n\t\t\tbottom: 60px;\r\n\t\t\tmargin-left: auto;\r\n\t\t\tmargin-right: auto;\r\n\t\t\tpadding: 0 16px;\r\n\/* \t\t\tright: 5%; *\/\r\n\t\t}\r\n\t}\r\n<\/style>\r\n\r\n<style>\r\n\t#list_toc li {margin-bottom: 0;margin-top: 5px;}\r\n\t#list_toc > li > ul {padding-left: 20px;margin-bottom: 0;}\r\n\t#list_toc{height:max-content;transition:ease-in-out}\r\n\t#list_toc li {margin-bottom: 0;margin-top: 5px;}\r\n\t#list_toc_float li.active > a {color:#b1252d;background: #ffe1e3;}\r\n\t#list_toc_float li a {padding:3px 7px}\r\n\t#list_toc_float li a {\r\n\t\tdisplay: block;\r\n\t\tcolor:#000;\r\n\t\tmargin-bottom: 10px;\r\n\t\ttransition:all 0.2s ease-in-out;\r\n\t\tfont-size:15px\r\n\t}\r\n\t#list_toc_float li{list-style:none;list-style-position:inside; margin-left:0;}\r\n\t#list_toc_float a:hover{color:#b1252d;}\r\n\t\r\n\t#list_toc_float li a{margin-bottom:0px}\r\n\t#toc_group_float{\r\n\t\tline-height: 24px;\r\n\t\tmax-height: calc(100vh - 100px);\r\n\t\toverflow: auto;\r\n\t\tz-index: 99;\r\n\t\tdisplay:none!important;\r\n\t\tbackground:#fff;\r\n\t\ttransition:all 0.5s linear\r\n\t}\r\n\t\r\n\t@media (min-width:1019px){\r\n\t\t#toc_group_float {\r\n\t\t\tdisplay:block!important;\r\n\t\t\t}\r\n\t\t\t\t#toc_group_article {\r\n\t\t\tdisplay:none;\r\n\t\t}\r\n\t}\r\n\t\r\n\t@media (max-width:768px){\r\n\t\t#toc_group_article {\r\n\t\t\tdisplay:none;\r\n\t\t}\r\n\t}\r\n\t\r\n\t \/* custom scrollbar style *\/\r\n::-webkit-scrollbar {\r\n    width: 7px;\r\n}\r\n::-webkit-scrollbar-track {\r\n    background: #d7a2a4;\r\n}\r\n::-webkit-scrollbar-thumb {\r\n    background: #b1252d;\r\n    border-radius: 15px;\r\n}\t\t\r\n\r\n<\/style>\r\n\r\n<script>\r\n\tdocument.addEventListener('DOMContentLoaded', function() {\r\n\t\t\/\/ Function to handle click on all <a> elements with href starting with #\r\n\t\tfunction handleTitleClick(event) {\r\n\t\t\tevent.preventDefault();\r\n\t\t\tconst targetId = this.getAttribute('href').substring(1);\r\n\t\t\tconst targetElement = document.getElementById(targetId);\r\n\r\n\t\t\tif (targetElement) {\r\n\t\t\t\tconst headerHeight = document.querySelector('#toc .header').offsetHeight;\r\n\t\t\t\tconst navbarHeight = document.getElementById('tdi_34') ? document.getElementById('tdi_34').offsetHeight : 0;\r\n\t\t\t\tconst windowHeight = window.innerHeight;\r\n\t\t\t\tconst targetOffset = targetElement.offsetTop;\r\n\t\t\t\tconst scrollTo = targetOffset + (windowHeight \/ 2) + (headerHeight) - navbarHeight - 40;\r\n\r\n\t\t\t\twindow.scrollTo({\r\n\t\t\t\t\ttop: scrollTo,\r\n\t\t\t\t\tbehavior: 'smooth'\r\n\t\t\t\t});\r\n\t\t\t}\r\n\t\t}\r\n\r\n\t\t\/\/ Add event listener for all <a> elements in toc-list and list-toc\r\n\t\tconst titleLinks = document.querySelectorAll('#toc-list a, #list_toc a');\r\n\t\ttitleLinks.forEach(link => {\r\n\t\t\tlink.addEventListener('click', handleTitleClick);\r\n\t\t});\r\n\t});\r\n<\/script>\r\n\r\n<!-- ToC List for mobile -->\r\n<script>\r\n \/\/ Generate TOC based on headings\r\ndocument.addEventListener(\"DOMContentLoaded\", function() {\r\n  \/\/ Get the element that will contain the TOC\r\n  const tocList = document.getElementById('toc-list');\r\n\r\n  \/\/ Get the element with class 'td-post-content'\r\n  const article = document.querySelector('.td-post-content');\r\n\r\n  \/\/ Find all h2 elements within the article\r\n  const headers = article.getElementsByTagName('h2');\r\n\r\n  \/\/ Loop through the h2 elements and create a list item for each one\r\n  for (let i = 0; i < headers.length; i++) {\r\n    const header = headers[i];\r\n    const headerText = header.textContent;\r\n\/\/     const headerId = 'header-' + i;\r\n    const headerId = headerText\r\n    .toLowerCase()\r\n    .trim()\r\n    .replace(\/[^\\w\\s-]\/g, '')  \/\/ hapus tanda baca\r\n    .replace(\/\\s+\/g, '-'); \/\/ ganti spasi jadi \"-\"\r\n\r\n    \/\/ Set an ID for the header if it doesn't have one\r\n    header.setAttribute('id', headerId);\r\n\r\n    \/\/ Create a list item for the TOC\r\n    const listItem = document.createElement('li');\r\n\r\n    \/\/ Create a link for the list item\r\n    const link = document.createElement('a');\r\n    link.setAttribute('href', '#' + headerId);\r\n    link.textContent = headerText;\r\n\r\n    \/\/ Append the link to the list item\r\n    listItem.appendChild(link);\r\n\r\n    \/\/ Append the list item to the TOC list\r\n    tocList.appendChild(listItem);\r\n  }\r\n});\r\n\r\n\/\/ Keep height and placement of content using placeholder in place of TOC\r\ndocument.addEventListener(\"DOMContentLoaded\", function() {\r\n  const toc = document.querySelector('#toc');\r\n  const placeholderToc = document.querySelector('#placeholder-toc');\r\n\r\n  function setPlaceholderHeight() {\r\n    placeholderToc.style.height = `${toc.offsetHeight}px`;\r\n  }\r\n\r\n  \/\/ Set the initial height of the placeholder\r\n  setPlaceholderHeight();\r\n\r\n  \/\/ Update the height on window resize\r\n  window.addEventListener('resize', setPlaceholderHeight);\r\n});\r\n  const tocTitle = document.querySelector('#toc-title');\r\n\r\n\/\/ Sticky TOC and update heading\r\ndocument.addEventListener(\"DOMContentLoaded\", function() {\r\n  const toc = document.querySelector('#toc');\r\n  const footer = document.querySelector('.td-footer-template-wrap');\r\n  const tocParent = toc.parentElement;\r\n  const divTop = tocParent.getBoundingClientRect().top + window.pageYOffset;\r\n  const tocHeight = toc.offsetHeight;\r\n  const triggerPoint = divTop + tocHeight + 700;\r\n  const footerHeight = footer.offsetHeight;\r\n  const triggerFooterPoint = footer.getBoundingClientRect().top + window.pageYOffset - footerHeight - footerHeight - footerHeight;\r\n  const phtoc = document.querySelector('#placeholder-toc');\r\n  const headers = document.querySelectorAll('.td-post-content h2');\r\n  const navLinks = document.querySelectorAll('#toc-list a');\r\n\t\r\n\tconst panel2 = document.querySelector(\"#toc .list\");\r\n\tvar icon = document.querySelector(\".toc-icon\");\r\n\r\n  let activeLink = null; \/\/ Declare activeLink outside the loop\r\n\t\r\n  \/\/ Function to handle scroll and add\/remove .sticky class\r\n  function handleScroll() {\r\n    const windowTop = window.pageYOffset || document.documentElement.scrollTop;\r\n    let currentHeader = '';\r\n\r\n    \/\/ Highlight user progress as the heading comes\r\n    headers.forEach(header => {\r\n\t\tconst headerTop = header.offsetTop;\r\n\t\tconst headerHeight = header.clientHeight;\r\n\t\tif(window.innerWidth < 767){\r\n\t\t\ttocTitle.textContent = 'Table of Contents'; \/\/ Selalu pertahankan judul ini di mobile\r\n\t\t} else {\r\n\t\t\tif (window.scrollY >= (headerTop - headerHeight + 700)) {\r\n\t\t\t\tconst currentHeaderId = header.getAttribute('id');\r\n\t\t\t\tconst currentHeaderText = document.getElementById(currentHeaderId).textContent;\r\n\t\t\t\ttocTitle.textContent = currentHeaderText;\r\n\t\t\t\tcurrentHeader = currentHeaderId;\r\n\t\t\t}\r\n\t\t}\r\n\t});\r\n\r\n    navLinks.forEach(link => {\r\n      link.classList.remove('active');\r\n      if(currentHeader != '') {\r\n\t\t  if (link.getAttribute('href').includes(currentHeader)) {\r\n\t\t\t  link.classList.add('active');\r\n\t\t  }\r\n\t  }\r\n    });\r\n\r\n    \/\/ Update TOC title if sticky\r\n    if (windowTop > triggerPoint) {\r\n      if (!toc.classList.contains('sticky')) {\r\n        phtoc.style.display = \"block\";\r\n        toc.classList.add('sticky');\r\n        toc.style.width = `${tocParent.offsetWidth}px`; \/\/ Set width to match the parent element\r\n        toc.setAttribute('style', 'width: ' + tocParent.offsetWidth + 'px !important;');\r\n        toc.style.backgroundColor = \"#FFF\";\r\n\t\tpanel2.style.height = '0px';\r\n\t\t  icon.style.transform = \"rotate(180deg)\";\r\n\t\t  if(window.innerWidth < 767){\r\n\t\t\t  tocTitle.textContent = 'Table of Contents'; \/\/ Reset title\r\n       \t\t  toc.style.width = '150px'; \/\/ Set width to match the parent element\r\n\t\t  }\r\n      }\r\n      if (currentHeader) {\r\n        tocTitle.textContent = activeLink ? activeLink.textContent : \"\"; \/\/ Update title only if activeLink exists\r\n      }\r\n    } else {\r\n      toc.classList.remove('sticky');\r\n      phtoc.style.display = \"none\";\r\n      toc.style.width = 'unset'; \/\/ Reset to original width\r\n      toc.style.backgroundColor = \"#FFF\";\r\n      tocTitle.textContent = 'Table of Contents'; \/\/ Reset title\r\n\t\tpanel2.style.height = panel2.scrollHeight + \"px\";\r\n\t\ticon.style.transform = \"rotate(180deg)\";\r\n    }\r\n  }\r\n\r\n    \/\/ Attach the scroll event listener to the window\r\n    window.addEventListener('scroll', handleScroll);\r\n\r\n    \/\/ Initial call to handleScroll to set the correct state on load\r\n    handleScroll();\r\n});\r\n\t\r\n\t\/\/ Open toggle TOC\r\n\t  document.addEventListener(\"DOMContentLoaded\", function() {\r\n\t\tvar tocHeader = document.querySelector(\"#toc .header\");\r\n\t\tvar toc = document.querySelector(\"#toc\");\r\n\t\tvar icon = document.querySelector(\".toc-icon\");\r\n\t\tconst tocTitle = document.querySelector('#toc-title');\r\n\t\tconst tocs = document.querySelector('#toc.sticky');\r\n \t\tconst tocParent = toc.parentElement;\t\t  \r\n\r\n\t\t  tocHeader.addEventListener(\"click\", function() {\r\n\t\t\tvar panel = this.nextElementSibling;\r\n\t\t\tif (panel.style.height !== '0px') { \/\/ Check if height is not 0px\r\n\t\t\t  panel.style.height = '0px'; \/\/ Set height to 0 for full collapse\r\n\t\t\t  icon.style.transform = \"rotate(180deg)\";\r\n\t\t\t\tif(window.innerWidth > 768){\r\n\t\t\t\t\tif(!toc.classList.contains('sticky')){\r\n\t\t\t\t\t\ttoc.style.width = \"unset\";\r\n\t\t\t\t\t}\r\n\t\t\t\t\tif (toc.classList.contains('sticky')){\r\n\t\t\t\t\t\ttoc.style.width = '${tocParent.offsetWidth}px';\r\n\t\t\t\t\t\ttoc.setAttribute('style', 'width: ' + tocParent.offsetWidth + 'px !important;');\r\n\t\t\t\t\t}\r\n\t\t\t\t}\r\n\t\t\t\tif(window.innerWidth < 767){\r\n\t\t\t\t\ttoc.style.width = \"unset\"; \/\/ Reset width\r\n\t\t\t\t}\r\n\t\t\t\ttoc.style.backgroundColor = \"#FFF1F1\";\r\n\t\t\t} else {\r\n\t\t\t  panel.style.height = panel.scrollHeight + \"px\";\r\n\t\t\t  icon.style.transform = \"rotate(0deg)\";\r\n\t\t\t  toc.style.backgroundColor = \"#FFF\";\r\n\t\t\t  tocTitle.textContent = 'Table of Contents'; \/\/ Reset title\r\n\t\t\t\ttoc.style.paddingBottom = '24px';\r\n\t\t\t \tif(window.innerWidth < 767){\r\n\t\t\t\t\ttoc.style.width = `${tocParent.offsetWidth}px`; \/\/ Set width to match the parent element\r\n\t\t\t\t\ttoc.setAttribute('style', 'width: ' + tocParent.offsetWidth + 'px !important;');\r\n\t\t\t\t}\r\n\t\t\t}\r\n\t\t  });\r\n\r\n\t\t  \/\/ Close TOC when a link inside it is clicked\r\n\t\t  var tocLinks = document.querySelectorAll(\"#toc .list a\");\r\n\t\t  tocLinks.forEach(function(link) {\r\n\t\t\tlink.addEventListener(\"click\", function() {\r\n\t\t\t  var panel = document.querySelector(\"#toc .list\");\r\n\t\t\t  panel.style.height = '0px'; \/\/ Set height to 0 for full collapse\r\n\t\t\t  icon.style.transform = \"rotate(180deg)\";\r\n\t\t\t  toc.style.backgroundColor = \"#FFF\";\r\n\t\t\t});\r\n\t\t  });\r\n\t\t});\r\n\t\r\n\/\/ \tmake the heading at the center of the viewport\r\n\/\/ \tdocument.addEventListener('DOMContentLoaded', function() {\r\n\/\/     \/\/ Add click event listener to all links in the TOC list\r\n\/\/     document.querySelectorAll('#toc-list a').forEach(anchor => {\r\n\/\/         anchor.addEventListener('click', function (e) {\r\n\/\/             e.preventDefault(); 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background-color: #fffacd; border-radius: 25px 25px 25px 25px;\" width=\"100%\">\n<tbody>\n<tr>\n<td style=\"padding: 15px; border: none;\">\n<h3 style=\"margin-bottom: 10px;\"><span style=\"background-color: #990000; color: #ffffff; padding: 5px;\"><b>Key Takeaways<\/b><\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400;\"><a href=\"#a\">Progress billing is a payment approach<\/a> where sellers invoice clients incrementally as specific milestones are completed, ensuring steady cash flow and greater transparency throughout long-term projects<\/li>\n<li><a href=\"#b\">Progress billing benefits both contractors and clients<\/a>. Contractors gain steady cash flow and reduced non-payment risk, while clients enjoy lower upfront costs and better budget management.<\/li>\n<li><a href=\"#c\">A progress billing invoice typically includes<\/a> the original contract amount, total paid to date, percentage of work completed, approved changes, and the client&#8217;s remaining balance.<\/li>\n<li><a href=\"#d\">Implementing progress billing involves<\/a> developing a schedule of values, establishing a payment schedule, drafting a clear contract, and issuing invoices after each milestone is completed and reviewed.<\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><strong>What is Progress Billing?<\/strong><\/h2>\n<p><span id=\"a\"><\/span><span id=\"b\"><\/span>Progress billing is a widely adopted payment approach for long-term projects, where sellers invoice clients incrementally as specific milestones are completed rather than charging a single lump sum. This method ensures steady cash flow for contractors while giving clients greater transparency over how their money is being spent at each stage. It is especially common in construction, where contractors bill for completed phases in line with agreed project milestones and is closely tied to broader <a class=\"underline underline underline-offset-2 decoration-1 decoration-current\/40 hover:decoration-current focus:decoration-current\" href=\"https:\/\/www.hashmicro.com\/ph\/blog\/billing-system\/\">billing and invoicing practices<\/a> used across project-based industries.<\/p>\n<h2><strong>Progress Billing Benefits<\/strong><\/h2>\n<p><img decoding=\"async\" class=\"wp-image-22784 size-full aligncenter\" src=\"https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/11\/Progress-Billing-3.webp\" alt=\"Progress Billing benefits\" width=\"1200\" height=\"675\" srcset=\"https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/11\/Progress-Billing-3.webp 1200w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/11\/Progress-Billing-3-300x169.webp 300w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/11\/Progress-Billing-3-1024x576.webp 1024w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/11\/Progress-Billing-3-768x432.webp 768w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/11\/Progress-Billing-3-747x420.webp 747w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/11\/Progress-Billing-3-150x84.webp 150w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/11\/Progress-Billing-3-696x392.webp 696w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/11\/Progress-Billing-3-1068x601.webp 1068w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p>Progress billing creates a more balanced and transparent financial arrangement for both contractors and clients throughout the life of a long-term project.<\/p>\n<h3><strong>Benefits for Contractors<\/strong><\/h3>\n<ol>\n<li class=\"whitespace-normal break-words pl-2\"><strong>Steady cash flow:<\/strong> Receiving payments in defined increments allows contractors to manage ongoing expenses \u2014 materials, labor, subcontractors \u2014 without relying on loans or credit lines that erode profit margins.<\/li>\n<li class=\"whitespace-normal break-words pl-2\"><strong>Simplified financial management:<\/strong> Breaking payments into stages makes it easier to budget accurately for each project phase, ensuring sufficient funds are available to keep operations on track.<\/li>\n<li class=\"whitespace-normal break-words pl-2\"><strong>Reduced risk of non-payment:<\/strong> Tying compensation to completed milestones protects contractors from finishing an entire project without being paid, and gives them the option to pause work if payments are delayed.<\/li>\n<li class=\"whitespace-normal break-words pl-2\"><strong>Easier resolution of payment issues:<\/strong> Tracking when payments are due and identifying discrepancies early allows contractors to address issues proactively before they escalate into prolonged disputes.<\/li>\n<li class=\"whitespace-normal break-words pl-2\"><strong>Motivates client compliance:<\/strong> Linking payments to milestones keeps clients engaged and financially committed, fostering a collaborative environment focused on project completion.<\/li>\n<\/ol>\n<h3><strong>Benefits for Clients<\/strong><\/h3>\n<ol>\n<li class=\"whitespace-normal break-words pl-2\"><strong>Reduced upfront costs:<\/strong> Spreading payments across milestones eliminates the need for a large initial outlay, making it easier to begin projects without significant financial strain.<\/li>\n<li class=\"whitespace-normal break-words pl-2\"><strong>Lower financial risk:<\/strong> Clients pay only for completed and approved work, keeping contractors accountable for quality and deadlines before funds are released.<\/li>\n<li class=\"whitespace-normal break-words pl-2\"><strong>Encourages quality and timely work:<\/strong> Contractors are incentivized to meet milestones on schedule, while the approval requirement before payment discourages rushed or substandard outputs.<\/li>\n<li class=\"whitespace-normal break-words pl-2\"><strong>Improved budget management:<\/strong> Distributing costs over the project timeline <span id=\"c\"><\/span>supports better resource allocation and avoids unexpected financial pressure.<\/li>\n<\/ol>\n<h2><strong>What does Progress Billing Include?<\/strong><\/h2>\n<p class=\"font-claude-response-body break-words whitespace-normal leading-[1.7]\">Progress billing is a detailed invoicing system built around key components agreed upon by both contractors and clients. These elements ensure transparency, accountability, and alignment throughout the project:<\/p>\n<ul class=\"[li_&amp;]:mb-0 [li_&amp;]:mt-1 [li_&amp;]:gap-1 [&amp;:not(:last-child)_ul]:pb-1 [&amp;:not(:last-child)_ol]:pb-1 list-disc flex flex-col gap-1 pl-8 mb-3\">\n<li class=\"whitespace-normal break-words pl-2\"><strong>Original contract amount:<\/strong> The agreed total project cost that serves as the foundation for all billing calculations.<\/li>\n<li class=\"whitespace-normal break-words pl-2\"><strong>Total amount paid to date:<\/strong> A running record of what the client has already paid, giving both parties a clear view of completed transactions.<\/li>\n<li class=\"whitespace-normal break-words pl-2\"><strong>Percentage of work completed:<\/strong> The proportion of the project finished at each billing stage, directly tying payments to measurable progress.<\/li>\n<li class=\"whitespace-normal break-words pl-2\"><strong>Approved changes and adjusted amounts:<\/strong> Documentation of any scope changes or revisions, ensuring the billing remains accurate and up to date.<\/li>\n<li class=\"whitespace-normal break-words pl-2\"><strong>Client&#8217;s remaining balance:<\/strong> The outstanding amount owed at the end of the project, helping both parties manage their financial planning through to completion.<\/li>\n<\/ul>\n<p class=\"font-claude-response-body break-words whitespace-normal leading-[1.7]\">Regardless of industry or location, a well-structured progress billing format keeps all stakeholders informed and ensures consistency and fairness throughout the <a class=\"underline underline underline-offset-2 decoration-1 decoration-current\/40 hover:decoration-current focus:decoration-current\" href=\"https:\/\/www.hashmicro.com\/ph\/blog\/best-invoicing-software\/\">invoicing process<\/a>.<\/p>\n<h2><strong>The Difference between Progress Billing and Down Payment<\/strong><\/h2>\n<p><img decoding=\"async\" class=\"size-full wp-image-22783 aligncenter\" src=\"https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/11\/Progress-Billing-2.webp\" alt=\"Progress Billing\" width=\"1200\" height=\"675\" srcset=\"https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/11\/Progress-Billing-2.webp 1200w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/11\/Progress-Billing-2-300x169.webp 300w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/11\/Progress-Billing-2-1024x576.webp 1024w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/11\/Progress-Billing-2-768x432.webp 768w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/11\/Progress-Billing-2-747x420.webp 747w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/11\/Progress-Billing-2-150x84.webp 150w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/11\/Progress-Billing-2-696x392.webp 696w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/11\/Progress-Billing-2-1068x601.webp 1068w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p>Progress billing and down payment both play important roles in project finance, but they serve distinct purposes. Understanding the difference helps businesses select the right payment structure for their needs.<\/p>\n<table>\n<tbody>\n<tr>\n<td style=\"background-color: #990000; color: #ffffff; padding: 5px; text-align: center;\"><strong>Aspect<\/strong><\/td>\n<td style=\"background-color: #990000; color: #ffffff; padding: 5px; text-align: center;\"><strong>Progress Billing<\/strong><\/td>\n<td style=\"background-color: #990000; color: #ffffff; padding: 5px; text-align: center;\"><strong>Down Payment<\/strong><\/td>\n<\/tr>\n<tr>\n<td>Definition<\/td>\n<td>Payment made in stages based on completed work or milestones.<\/td>\n<td>Initial payment made upfront before work begins.<\/td>\n<\/tr>\n<tr>\n<td>Purpose<\/td>\n<td>Tracks project progress and aligns payments with actual work completed.<\/td>\n<td>Acts as a security deposit to start work or reserve resources.<\/td>\n<\/tr>\n<tr>\n<td>Timing<\/td>\n<td>Collected throughout the project lifecycle.<\/td>\n<td>\u00a0Paid at the beginning of a project or purchase agreement.<\/td>\n<\/tr>\n<tr>\n<td>Payment Structure<\/td>\n<td>Installments tied to specific milestones or completion percentages.<\/td>\n<td>One-time upfront amount or percentage of total cost.<\/td>\n<\/tr>\n<tr>\n<td>Buyer Benefits<\/td>\n<td>Flexibility and transparency in monitoring progress and financial commitments.<\/td>\n<td>Confirms buyer intent and secures the transaction.<\/td>\n<\/tr>\n<tr>\n<td>Seller Benefits<\/td>\n<td>Ongoing cash flow based on verified progress.<\/td>\n<td>\u00a0Initial financial assurance before work begins.<\/td>\n<\/tr>\n<tr>\n<td>Use Cases<\/td>\n<td>Long-term, service-based, or project-driven work.<\/td>\n<td>Purchases requiring upfront commitment or resource reservation.<\/td>\n<\/tr>\n<tr>\n<td>Supporting Tools<\/td>\n<td>Often paired with invoice software for accurate tracking and management.<\/td>\n<td>Can also use invoice software to manage payment records.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><strong>Progress Billing Types<\/strong><\/h2>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-32494 size-large\" src=\"https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/11\/ChatGPT-Image-Mar-2-2026-11_01_00-AM-e1772424187159-1024x589.png\" alt=\"billing methods\" width=\"696\" height=\"400\" srcset=\"https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/11\/ChatGPT-Image-Mar-2-2026-11_01_00-AM-e1772424187159-1024x589.png 1024w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/11\/ChatGPT-Image-Mar-2-2026-11_01_00-AM-e1772424187159-300x172.png 300w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/11\/ChatGPT-Image-Mar-2-2026-11_01_00-AM-e1772424187159-768x442.png 768w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/11\/ChatGPT-Image-Mar-2-2026-11_01_00-AM-e1772424187159-731x420.png 731w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/11\/ChatGPT-Image-Mar-2-2026-11_01_00-AM-e1772424187159-150x86.png 150w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/11\/ChatGPT-Image-Mar-2-2026-11_01_00-AM-e1772424187159-696x400.png 696w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/11\/ChatGPT-Image-Mar-2-2026-11_01_00-AM-e1772424187159-1068x614.png 1068w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/11\/ChatGPT-Image-Mar-2-2026-11_01_00-AM-e1772424187159.png 1536w\" sizes=\"(max-width: 696px) 100vw, 696px\" \/><\/p>\n<p>Progress billing can be structured in several ways depending on the terms agreed upon between buyer and seller. Each type offers a different approach to scheduling and managing payments.<\/p>\n<h3 class=\"text-text-100 mt-2 -mb-1 text-base font-bold\"><strong>1. End of Month (EOM)<\/strong><\/h3>\n<p class=\"font-claude-response-body break-words whitespace-normal leading-[1.7]\">This type requires buyers to settle payments by the end of the month, with the exact due date whether the last calendar day or another agreed date defined upfront. It is widely used for its simplicity and alignment with regular financial cycles, making payment schedules easy to predict and plan around.<\/p>\n<h3 class=\"text-text-100 mt-2 -mb-1 text-base font-bold\"><strong>2. n\/30<\/strong><\/h3>\n<p class=\"font-claude-response-body break-words whitespace-normal leading-[1.7]\">Under this arrangement, buyers have 30 days from the date of receiving goods or services to complete payment. Its straightforward terms make it one of the most common progress billing formats across industries, balancing flexibility for buyers with timely receipts for sellers.<\/p>\n<h3 class=\"text-text-100 mt-2 -mb-1 text-base font-bold\"><strong>3. n\/15 with EOM<\/strong><\/h3>\n<p class=\"font-claude-response-body break-words whitespace-normal leading-[1.7]\">This type combines monthly accounting cycles with a short grace period, requiring payment 15 days after the end of the month in which the transaction occurred. It suits businesses that want structured deadlines while still giving buyers a brief window to manage their cash flow.<\/p>\n<h3 class=\"text-text-100 mt-2 -mb-1 text-base font-bold\"><strong>4. 5\/10, n\/30<\/strong><\/h3>\n<p class=\"font-claude-response-body break-words whitespace-normal leading-[1.7]\">This format incentivizes early payment by offering a discount such as 5% off if the buyer pays within 10 days, while the full amount remains due within 30 days. It accelerates cash flow for sellers while rewarding prompt payers, and the discount percentage can be adjusted based on mutual agreement.<\/p>\n<p class=\"font-claude-response-body break-words whitespace-normal leading-[1.7]\">Switching to a digital system simplifies handling all these billing types. Tools that support document management allow businesses to share invoices, contracts, and supporting documents easily, making progress billing more efficient and paperless.<\/p>\n<h2><strong>Progress Billing Function<\/strong><\/h2>\n<p><img decoding=\"async\" class=\"wp-image-22782 size-full aligncenter\" src=\"https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/11\/progress-billing-sample-philippine.webp\" alt=\"progress billing function\" width=\"1200\" height=\"675\" srcset=\"https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/11\/progress-billing-sample-philippine.webp 1200w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/11\/progress-billing-sample-philippine-300x169.webp 300w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/11\/progress-billing-sample-philippine-1024x576.webp 1024w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/11\/progress-billing-sample-philippine-768x432.webp 768w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/11\/progress-billing-sample-philippine-747x420.webp 747w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/11\/progress-billing-sample-philippine-150x84.webp 150w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/11\/progress-billing-sample-philippine-696x392.webp 696w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/11\/progress-billing-sample-philippine-1068x601.webp 1068w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p class=\"font-claude-response-body break-words whitespace-normal leading-[1.7]\">Progress billing serves several important functions beyond simply structuring payments, it provides documentation and accountability that supports the entire project lifecycle.<\/p>\n<h3 class=\"text-text-100 mt-2 -mb-1 text-base font-bold\"><strong>1. Reliable Transaction Record<\/strong><\/h3>\n<p class=\"font-claude-response-body break-words whitespace-normal leading-[1.7]\">Progress billing acts as a formal record of transactions, documenting payments made and work completed at each stage. Its clarity minimizes disputes by providing a definitive reference point in the event of errors or misunderstandings, and its legal validity reinforces trust between all parties involved.<\/p>\n<h3 class=\"text-text-100 mt-2 -mb-1 text-base font-bold\"><strong>2. Clear Work Progress Tracking<\/strong><\/h3>\n<p class=\"font-claude-response-body break-words whitespace-normal leading-[1.7]\">By tying payments to actual milestones from an initial deposit through to final completion progress billing holds sellers accountable while giving buyers assurance that payments correspond to delivered results. This structured timeline supports effective <a class=\"underline underline underline-offset-2 decoration-1 decoration-current\/40 hover:decoration-current focus:decoration-current\" href=\"https:\/\/www.hashmicro.com\/ph\/blog\/best-construction-project-management-software\/\">project management<\/a> and keeps both parties aligned throughout the engagement.<\/p>\n<h3 class=\"text-text-100 mt-2 -mb-1 text-base font-bold\"><strong>3. Efficient Financial Planning<\/strong><\/h3>\n<p><span id=\"d\"><\/span>Distributing payments across project phases helps both buyers and sellers manage their finances more effectively. Buyers avoid the burden of large upfront costs, while sellers benefit from a consistent income stream that supports smoother operations and better resource allocation,\u00a0 can reducing financial risk for both sides.<\/p>\n<h2><strong>How To Implement Progress Billing<\/strong><\/h2>\n<p><img decoding=\"async\" class=\"wp-image-22780 size-full aligncenter\" src=\"https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/11\/progress-billing-sample-philippines.webp\" alt=\"progress billing sample philippines\" width=\"1200\" height=\"675\" srcset=\"https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/11\/progress-billing-sample-philippines.webp 1200w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/11\/progress-billing-sample-philippines-300x169.webp 300w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/11\/progress-billing-sample-philippines-1024x576.webp 1024w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/11\/progress-billing-sample-philippines-768x432.webp 768w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/11\/progress-billing-sample-philippines-747x420.webp 747w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/11\/progress-billing-sample-philippines-150x84.webp 150w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/11\/progress-billing-sample-philippines-696x392.webp 696w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/11\/progress-billing-sample-philippines-1068x601.webp 1068w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p class=\"font-claude-response-body break-words whitespace-normal leading-[1.7]\">Implementing progress billing requires a structured approach to ensure clarity and accuracy for all parties involved:<\/p>\n<ul class=\"[li_&amp;]:mb-0 [li_&amp;]:mt-1 [li_&amp;]:gap-1 [&amp;:not(:last-child)_ul]:pb-1 [&amp;:not(:last-child)_ol]:pb-1 list-disc flex flex-col gap-1 pl-8 mb-3\">\n<li class=\"whitespace-normal break-words pl-2\"><strong>Develop a schedule of values:<\/strong> Create a clear task-and-cost breakdown that aligns contractors and clients on project scope, enabling smoother management from the outset.<\/li>\n<li class=\"whitespace-normal break-words pl-2\"><strong>Establish a payment schedule:<\/strong> Define milestones with corresponding payment percentages so that progress payments always reflect actual work completed.<\/li>\n<li class=\"whitespace-normal break-words pl-2\"><strong><a href=\"https:\/\/www.hashmicro.com\/ph\/blog\/supplier-contract\/\">Draft the contract<\/a>:<\/strong> Produce a detailed contract that specifies scope, milestones, and payment terms, this becomes the foundation for accurate billing throughout the project.<\/li>\n<li class=\"whitespace-normal break-words pl-2\"><strong>Commence the project:<\/strong> Begin work according to the agreed timeline, ensuring each task stays on schedule to maintain trust and prevent delays.<\/li>\n<li class=\"whitespace-normal break-words pl-2\"><strong>Submit an invoice:<\/strong> After each milestone is reached, issue an invoice that reflects the percentage of work completed, ensuring accuracy and completeness at every stage.<\/li>\n<li class=\"whitespace-normal break-words pl-2\"><strong>Customer review:<\/strong> Allow the client or lender to review the invoice, confirming accuracy and resolving any discrepancies early to maintain transparent billing.<\/li>\n<\/ul>\n<ul class=\"[li_&amp;]:mb-0 [li_&amp;]:mt-1 [li_&amp;]:gap-1 [&amp;:not(:last-child)_ul]:pb-1 [&amp;:not(:last-child)_ol]:pb-1 list-disc flex flex-col gap-1 pl-8 mb-3\">\n<li class=\"whitespace-normal break-words pl-2\"><strong>Invoice payment:<\/strong> Once the invoice is approved, the client pays the billed amount minus any retainage to keep the project moving forward.<\/li>\n<li class=\"whitespace-normal break-words pl-2\"><strong>End the project:<\/strong> At completion, issue the final invoice including any remaining retainage for the client&#8217;s review and final payment.<\/li>\n<\/ul>\n<p class=\"font-claude-response-body break-words whitespace-normal leading-[1.7]\">Using dedicated <a class=\"underline underline underline-offset-2 decoration-1 decoration-current\/40 hover:decoration-current focus:decoration-current\" href=\"https:\/\/www.hashmicro.com\/ph\/blog\/accounting-software-philippines\/\">accounting software<\/a> can streamline several of these steps by automating invoice generation, tracking payment status, and maintaining an accurate record of each milestone&#8217;s billing history.<\/p>\n<h2><strong>Conclusion<\/strong><\/h2>\n<p>Progress billing is a practical and structured payment system that benefits both buyers and sellers by distributing costs across a project&#8217;s lifecycle rather than requiring large upfront commitments. It promotes transparency, accountability, and steady cash flow, making it particularly well-suited to construction, consulting, and other long-term service engagements. For businesses looking to manage these processes more efficiently, exploring the <a class=\"underline underline underline-offset-2 decoration-1 decoration-current\/40 hover:decoration-current focus:decoration-current\" href=\"https:\/\/www.hashmicro.com\/ph\/blog\/best-invoicing-software\/\">best invoicing and billing software available<\/a> can help identify tools that automate invoice generation, track milestone payments, and reduce the administrative burden of manual billing.<\/p>\n<a href=\"https:\/\/www.hashmicro.com\/ph\/invoicing-software?medium=moneysite-banner\" target=\"_blank\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/10\/bir-invoicing.webp\" data-desktop-src=\"https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/10\/bir-invoicing.webp\" data-mobile-src=\"https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/10\/mobile-bir-invoicing.webp\" alt=\"eInvoicing\" class=\"responsive-image-banner\" width=\"620\" height=\"255\"><\/a>\r\n\r\n<script>\r\n    \/\/ check which image to use based on screensize\r\n    document.addEventListener(\"DOMContentLoaded\", function() {\r\n        function updateImageSource() {\r\n            var images = document.querySelectorAll('.responsive-image-banner');\r\n            var screenWidth = window.innerWidth;\r\n\r\n            images.forEach(function(img) {\r\n                var mobileSrc = img.getAttribute('data-mobile-src');\r\n                var desktopSrc = img.getAttribute('data-desktop-src');\r\n\r\n                if (screenWidth < 576 && mobileSrc) {\r\n                    img.setAttribute('src', mobileSrc);\r\n                } else {\r\n                    img.setAttribute('src', desktopSrc);\r\n                }\r\n            });\r\n        }\r\n\r\n        \/\/ Initial check\r\n        updateImageSource();\r\n\r\n        \/\/ Update on resize\r\n        window.addEventListener('resize', updateImageSource);\r\n    });\r\n<\/script>\n<h2><strong>FAQ About Progress Billing<\/strong><\/h2>\n<ul class=\"bottom_faq\">\n<li>\n<details>\n<summary><strong>How do you calculate progress billing?<\/strong><\/summary>\n<p>Progress billing is determined by multiplying the total project cost by the percentage of work completed to date. Contractors then issue invoices based on milestone achievements, and clients release payments once they confirm the work meets expectations.<\/p>\n<\/details>\n<\/li>\n<li>\n<details>\n<summary><strong>What is a simple example of a progress payment?<\/strong><\/summary>\n<p>A progress payment typically follows predetermined percentages outlined in a contract. For instance, a construction agreement may require paying 20% of the project cost once specific milestones are successfully reached.<\/p>\n<\/details>\n<\/li>\n<li>\n<details>\n<summary><strong>Why is progress billing considered a liability?<\/strong><\/summary>\n<p>Progress payments are recorded as liabilities because the customer has paid for work that has not yet been fully delivered. Until the contractor completes the corresponding work, the amount received remains an obligation.<\/p>\n<\/details>\n<\/li>\n<li>\n<details>\n<summary><strong>What is progress billing in construction?<\/strong><\/summary>\n<p>Progress billing in construction is a payment method where contractors invoice clients in stages based on the percentage of work completed at each project phase, rather than billing the full amount upfront. For example, a contractor may bill 20% of the total project cost once the foundation is completed, another 30% after framing is done, and so on until the project reaches full completion. This approach ensures contractors maintain steady cash flow throughout the build while giving clients the assurance that payments are tied directly to verified, completed work.<\/p>\n<\/details>\n<\/li>\n<\/ul>\n<p><script type=\"application\/ld+json\">\n{\n  \"@context\": \"https:\/\/schema.org\",\n  \"@type\": \"FAQPage\",\n  \"mainEntity\": [\n    {\n      \"@type\": \"Question\",\n      \"name\": \"How do you calculate progress billing?\",\n      \"acceptedAnswer\": {\n        \"@type\": \"Answer\",\n        \"text\": \"Progress billing is determined by multiplying the total project cost by the percentage of work completed to date. Contractors then issue invoices based on milestone achievements, and clients release payments once they confirm the work meets expectations.\"\n      }\n    },\n    {\n      \"@type\": \"Question\",\n      \"name\": \"What is a simple example of a progress payment?\",\n      \"acceptedAnswer\": {\n        \"@type\": \"Answer\",\n        \"text\": \"A progress payment typically follows predetermined percentages outlined in a contract. For instance, a construction agreement may require paying 20% of the project cost once specific milestones are successfully reached.\"\n      }\n    },\n    {\n      \"@type\": \"Question\",\n      \"name\": \"Why is progress billing considered a liability?\",\n      \"acceptedAnswer\": {\n        \"@type\": \"Answer\",\n        \"text\": \"Progress payments are recorded as liabilities because the customer has paid for work that has not yet been fully delivered. Until the contractor completes the corresponding work, the amount received remains an obligation.\"\n      }\n    },\n    {\n      \"@type\": \"Question\",\n      \"name\": \"What is progress billing in construction?\",\n      \"acceptedAnswer\": {\n        \"@type\": \"Answer\",\n        \"text\": \"Progress billing in construction is a payment method where contractors invoice clients in stages based on the percentage of work completed at each project phase, rather than billing the full amount upfront. For example, a contractor may bill 20% of the total project cost once the foundation is completed, another 30% after framing is done, and so on until the project reaches full completion. This approach ensures contractors maintain steady cash flow throughout the build while giving clients the assurance that payments are tied directly to verified, completed work.\"\n      }\n    }\n  ]\n}\n<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Progress billing is a structured system that helps businesses manage payments across multiple project stages. Have you experienced handling a project where tracking payments feels harder than completing the actual work? Despite its advantages, challenges persist, including unclear payment schedules and invoicing errors that disrupt operations. According to BusinessWorld, 20% of projects in the Philippines [&hellip;]<\/p>\n","protected":false},"author":49,"featured_media":22779,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[166],"tags":[],"class_list":{"0":"post-12274","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-e-invoicing"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.6 (Yoast SEO v26.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Progress Billing: Definition, Types, Benefits &amp; How to Implement<\/title>\n<meta name=\"description\" content=\"Progress billing are invoices for completed work, submitted at various stages during a major project to request payment for progress made.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.hashmicro.com\/ph\/blog\/progress-billing\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Progress Billing: Definition, Types, Benefits &amp; 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