purchase order and bill

purchase order and bill

Situation..I am outsourcing Website build to a firm. I have created a purchase order for the full value with payment to be made in 3 instant as advance / and 2 milestone.

The company will raise an invoice on me .

 How should I handle this to record the 3 transactions that will occur...

Do I raise a bill for the advance and another 2 bills for the next 2 milestones