What Is Retainer Invoice?
A bill for prepaid access to services or hours over a period.
Detailed Explanation
Funds may sit as liability until earned. Clear policies avoid disputes over unused time.
Example
A lawyer invoices a $5,000 monthly retainer before the month starts.
Why It Matters
Secures commitment and smooths agency cash flow.
Related Resources
Related Invoice Types Terms
Get invoicing tips that actually help
Join 5,000+ freelancers and small business owners. One email per week with practical invoicing advice, tax tips, and product updates.
No spam, ever. Unsubscribe anytime.