Time is money, and invoices are an inevitable step in getting paid for the work you did - conclusion?
Let’s make the invoicing process quick and straightforward with our free construction invoice templates.
This basic construction invoice template gives you the flexibility to use it regardless of the subject of the invoice - and it comes in a word document format that can be easily printed out and filled manually if that’s what you prefer!
Check out this guide to construction invoicing best practices in 2023.
This template gives you what you need regardless of the subject of the invoice and calculates totals for each item on the invoice as well as the total sum.
This invoice template lets you bill the working hours, calculating the total for each item based on the hourly rate and number of hours.
This template provides formulas to calculate the total for each item in the invoice as well as the total amount due and tax on the materials in case of a single tax rate (like VAT in the UK).
This template automatically calculates total tax when specific items have different tax rates. It also calculates the total for each item and the total amount due.
Use this template when you provide both labour and materials - the template automatically calculates totals for labour and materials, lets you add the tax rate for materials and calculates the total amount due.
An invoice is a legally binding commercial document that lists services and/or products delivered to the customer, the total amount due, and the payment terms. Invoices can be both paper and electronic.
Service or material providers need invoices to ensure they get paid by their clients. They demonstrate a client’s legal obligation to pay you for your service and serve as proof of sale. Invoices set your payment terms and help with bookkeeping and tax records.
The contractor invoice should include your or your company’s contact details, your client's name and contact details date of the invoice, invoice number, an itemised list and description of services/materials with pricing breakdowns, such as hourly rates or unit cost, applicable taxes and total amount due.
You can create an invoice yourself - if you run a business and there is a regular exchange of service or goods with clients, you should issue an invoice. There is no need for specialist knowledge; just make sure to include all necessary details or use one of our free templates!
The difference between an invoice and a bill is very subtle, and both terms are closely related and often used interchangeably. But in simple terms, the bill implies that the payment is due upon receipt, while the invoice can indicate that payment terms, such as NET-30 days, have been established.
Final Bill means and includes the final cumulative bill submitted by the contractor on completion of the job with all supporting measurements in soft copy as well as a printout of it and certified by PMC, and is the full settlement of the account.
The best time for a contractor to send an invoice can vary: sending out an invoice right after completion can be a great way to get your payment quickly. You can also send the invoice 48h after completion, which gives the client time to asses your work before requesting payment which minimalises the risk of disputes.
The most typical payment term for contractors (and businesses, overall) is net payment, which means an invoice is due in a specific number of days from the invoice date (for example, Net 10, 30 or 60). However, using specific dates may be beneficial to eliminate confusion.
Are you looking for something to make the invoicing process even more smooth and quick?
Review and approve sales and purchase invoices, speed up billing, and stay on top of due payments thanks to an organised, automated financial platform.
Assign invoices to clients in your database, and view all existing invoices, their affiliation, status, totals, and dues.
Check out Archdesk Invoicing to see how you can keep an eye on your due payments.
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