Progress billing allows you to bill a client dollar amounts that are unrelated to the actual work being performed. The amounts are maintained in a separate area in Tabs3 Billing, yet are also updated to accounts receivable. Once the work is finished (i.e., the final amount has been established and/or all timeslips have been added), a "reconciliation" statement is processed that applies the amounts billed toward the actual finished work.
| See also: | Progress Billing Overview |
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