Progress Invoices: Billing Big Projects in Stages
September 2026 ยท 6 min read
Big projects have a cash-flow problem: if you invoice everything at the end, you've financed months of work before seeing a cent. Progress (or milestone) invoicing splits the total into stages โ 30% to start, 40% at a milestone, the rest on delivery โ so each chunk of work is paid for as it happens. It's standard practice in design, development and construction for a reason: it keeps both sides honest about scope.
What each progress invoice should show
- The project โ name it, so a client juggling several suppliers knows which project this stage belongs to.
- The stage โ "Stage 2 of 3 โ development (40%)". Numbering the stages kills the "is this the whole thing?" confusion.
- The stage amount โ the money due for this milestone, not the full project total.
- The remaining balance โ "remaining after this invoice: $4,000". Clients approve stage invoices more easily when they can see the whole picture.
- Reference to the agreed breakdown โ a note pointing at the proposal ("per estimate #12") connects the invoice to the scope you both signed off.
Deposits and scope changes
A first-stage invoice often doubles as the deposit request โ "50% to book the project". If scope grows mid-project, invoice the addition as its own line or its own stage instead of quietly padding a milestone; visible changes keep the relationship clean. And never send a stage invoice for work the client hasn't agreed is done โ milestones are meant to be checkpoints, and invoices that arrive early teach clients to distrust the process.
How to create yours with SleekKitBox
- Open the Progress Invoice template.
- Fill in the project, the stage, the stage amount and the total project value.
- Download and send it when the milestone is complete. Repeat for each stage with the same project reference.
If a client prefers a monthly availability fee instead of milestones, the retainer invoice fits better; subscription products are best billed with the recurring invoice.
Frequently asked questions
How many stages is normal? As few as you can get away with โ two to four stages cover most projects. Every extra invoice is extra admin for you and extra friction for the client.
What percentage upfront? Enough to cover your early costs โ a third to a half is common. Above that, clients start asking what happens if you disappear; be reasonable.
What if the client wants to pay the full amount at the end? Negotiable, but stage invoices protect you from financing the whole project โ worth a conversation about why they matter to you.
๐ Create yours: free Progress Invoice template โ