Milestone billing: definition, example, and why it matters

Used heavily in creative and IT work — invoice on delivery of design comps, beta, launch. Each milestone has a defined deliverable so disputes are rare.

• Short definition. Billing tied to specific project milestones rather than time elapsed.
• Category. Milestone billing is a invoicing term used by service businesses when billing customers.
• How Glo Invoice handles it. Glo Invoice builds milestone billing into the invoice itself, so you don't track it on paper or in a spreadsheet.

Frequently asked questions

What does milestone billing mean?

Used heavily in creative and IT work — invoice on delivery of design comps, beta, launch. Each milestone has a defined deliverable so disputes are rare.

Related terms

• Progress billing — Invoicing a long job in installments tied to completion milestones.
• Invoice — A document a business sends a customer requesting payment for goods or services.