Progress Billings is an official business term that measures the progress of a project or job by tracking the amount of fees and expenses that have been billed. It’s important to know the exact amount that has been billed in order to accurately monitor both the financial performance and expected completion date of the project. By tracking these billings, businesses get an accurate picture of how quickly they are progressing towards their goals and objectives. Knowing your Progress Billings gives you control over your bottom line!