2 years ago
Invoicing for advanced payments
Hi There
We are a small construction company which has a few clients at a time. We invoice clients for material and labour costs plus also sometimes we add in a line for "advanced payments for the next invoice" to ensure we are always in positive cash flow and dont use our own money to fund the jobs. Now how is the correct way to invoice this? Do i make a seperate invoice for the advanced payment? The advanced payments are going towards the next invoice and so on so I need to allocate the payment when they come in to the next invoice when i make that.