Progress billing asks the client for a share of a line's value based on how complete the work is. Each billing run asks for percent complete × the line total, less what progress billing has already asked for.
Set a line to bill by progress
Open the proposal and select Terms.
In the Billing column, click the line's billing cell. It shows Not billed until a rule is set.
In How [line] bills, set Billing rule to Progress billing.
Choose how often it's Asked, for example Monthly.
Choose how Percent complete is measured:
Reported each period: someone reports the percentage on the project each period.
Hours burned against budget: approved hours to date divided by the Budget hours you enter.
Select Save billing rule. The line now shows Progress billing in the Billing column.
To apply one rule to every line that doesn't have its own, use Billing for this SOW above the line items. The rule is locked once the proposal is sent.
Report progress (Hive Finance)
After the proposal is accepted and the delivery project is created, the Progress billing card appears in the project's Overview, under the budget section. It lists each progress-billed line with its contract value, percent complete, amount billed to date, and amount due now.
Select Report progress on the line.
Enter Percent complete (0–100), the As of date, and an optional Note.
Select Report progress.
The card updates right away. In this example, 40% of $33,000 means $13,200 is due on the next billing run.
Good to know
Each billing run reads the latest report dated on or before the end of its billing period. If you skip a period, the next run catches up.
A lower percentage never creates a credit. Nothing more is due until progress passes what was already billed.
Reports can't be edited. To correct one, report again. The newest report wins.
Lines measured by hours burned have no Report progress button. The percentage comes from approved hours.
Who can report: people who can create billing worksheets in Finance. Without billing access, the card is hidden.
Draft invoices: if no progress has been reported for a period, the draft invoice shows No progress reported.