![]() The template duplicates standard information, such as your company contact information, and offers more flexibility for adding details. The provided free Excel construction invoice templates encourage you to create professional-looking bids and invoices that can help you earn additional business. No matter what terms for billing the contract creates, offer as many details as possible on your company’s construction invoice to minimize questions and receive faster payments. The contract states that your company bills the cost in 12 equal invoices, so you need to provide a monthly construction invoice sample, each for a total of $10,000. If you’re billing monthly, you might bill for work done during that period or a portion of the total bill.įor example, a construction company builds a home over a 12-month period, and the initial bid reflects a total cost of $120,000. For larger, long-term projects, consider using progress invoicing, where you will send monthly invoices covering different steps of work. For small, one-off jobs, you can send client invoices after the work is completed. Some construction jobs take longer than others, and your initial bid should include when the client can expect invoices. How Often Should You Invoice the Customer? When you’re handling a larger job, you can break down labour by room or task, such as: If you’re renovating a single room or building a deck, you might just list labour as a single charge. You can break down the labour charge on your invoice in a variety of ways. ![]() The website also lets you factor in experience and licensing to arrive at a fair rate. You can consult PayScale to see the salary range of various professionals to help you determine what to pay your workers and how much you should charge the client. When writing a construction bid or an invoice, your fees should cover the cost that you pay for labour and leave an additional profit for the company. For example, you’ll likely pay an electrician more for their labour than you would a painter. Framers, plumbers, and other employees each have a labour cost that varies depending on the job performed. Manual labour is a large part of the final bill in any construction job. ![]() A detailed construction invoice also creates the perfect record keeping document for both parties should either of you need to reference the account in the future. In many cases, paying an invoice is one of the last interactions a client will have with your business, so it's vital to create a comprehensive and professional document that covers all client account details. Any other details, including payment terms, the client should follow.The materials used and the costs associated with those materials.The scope of work completed, including the time put in and overall labour costs.The construction invoicing process should cover all time and materials billing for projects, meaning each invoice should include: Having professional invoices on hand can streamline the invoicing process for clients while also ensuring uniformity and branding consistency. If you have recently started a construction business or have been in the industry for many years, then invoicing is probably one of your most used tools outside of your toolbox. ![]() Using a Downloadable Construction Invoice Template ![]()
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