Just landed a big project with milestone payments. Trying to figure out how to track partial payments without losing my mind. Spreadsheets feel clunky, and my usual invoicing app isn’t cutting it. There’s gotta be a smoother way to handle this, right?
Anyone else deal with this? What’s your go-to method for managing partial payments on hefty invoices?
Oh man, I feel you on this one. Partial payments can be a real headache, especially with big projects.
I’ve tried a few different approaches:
Spreadsheets (but yeah, they can get messy)
My invoicing app (which also fell short)
A simple Google Doc
Honestly, the Google Doc has been my best bet so far. I create a new one for each big project and track:
Total invoice amount
Each milestone and its payment
Dates received
Running total
It’s not perfect, but it’s way easier than flipping through a physical notebook or dealing with complicated spreadsheets.
Have you looked into project management tools? Some have built-in invoice tracking. Might be overkill, but could be worth exploring if you’re handling a lot of these big projects.