How to Set Up Billing Schedules for a Contract
Billing schedules are crucial for managing cash flow and ensuring timely payments from your customers. By effectively structuring billing schedules within a contract, you can establish clear payment terms, milestones, and deadlines, minimizing disputes and promoting a smooth financial relationship.
Throughout this tutorial, we will explore the steps and best practices for setting up billing schedules for a contract. We will cover topics such as understanding the importance of billing schedules, identifying billing milestones, and establishing payment terms.