Project Milestone Invoice

[YOUR BUSINESS NAME]

[Street Address], [City, State ZIP]
[email@example.com] · [Phone] · Tax ID [00-0000000]

Invoice

Milestone [3] of [4]

INVOICE NO.

[INV-0001]

ISSUED

[Month DD, YYYY]

DUE

[Month DD, YYYY]

TERMS

Net [15]

BILL TO

[Client Name]

Attn: [Contact Name]
[Street Address]
[City, State ZIP]

CONTRACT REFERENCE

Agreement: [SOW no.], dated [MM/DD/YYYY]
Purchase order: [PO number, if any]
Project: [Project name]
Contract value: $24,000.00

[Milestone 1: Discovery and plan]

20%

$4,800.00

Paid

[Milestone 2: Design approval]

30%

$7,200.00

Paid

[Milestone 3: Build complete]

30%

$7,200.00

This invoice

[Milestone 4: Final handover]

20%

$4,800.00

Not yet due

Contract value

100%

$24,000.00

[Milestone 3: Build complete]

Completed and accepted [MM/DD/YYYY] by [Name, Title]. Deliverables: [items, as named in the contract].

[Contract section or SOW item]

$7,200.00

[Approved change order: description]

CO-[01], approved [MM/DD/YYYY]

$1,500.00

PAYMENT

[Bank name], routing [000000000], account [0000000000]
Or pay by [check / payment link]
Reference: [INV-0001]

Amounts are examples. Replace them with your contract figures and recalculate the schedule and totals before sending.