This Construction Billing Invoice Template Excel format is preferable for construction firms for checking their costs. In this regard, the billing invoice contains the expenses that might have been incurred during the construction process.
This may include all the variable and fixed costs. The construction billing invoice generally comes into use in two cases that are mentioned below:
Cost of Material Used in Construction:
The construction billing invoices are used by the companies that may provide construction materials to the construction firms. For instance, a firm may provide cement, machinery, or other material to a construction firm and then, it might bill that construction firm for the material it had availed during a certain period.
Cost of Construction in Construction Billing Invoice:
The other case includes when a construction firm bills the stakeholders of an organization to pay for the costs or expenses that have incurred during construction.
It may also want to get the payment for the construction work to manage the cost and to earn the profits. Hence, the construction invoice is generally a bill for a particular construction activity that might take place at a given amount of time by a particular construction firm on either construction orders by local Government or by a Non-government agency or by any private stakeholder or individual.
Construction Billing Invoice Template Excel
Generally, a construction invoice template is found in Microsoft Excel-style for it contains many columns and rows.
In which the extensive details of expenses that have incurred in each phase of construction activity can be mentioned. Without any intermingling of items mentioned in separate columns.
MS Excel supports managing and recording large data and details in its worksheets. Therefore corporate firms prefer to create invoices and financial statements. A billing invoice is actually a type of expense statement. And it can be created in Microsoft Excel templates.
Details Included in a Construction Billing Invoice Template Excel:
I cannot mention here all the items which are included in a construction invoice; however, I give information about some general entries which are necessary to be included in every Invoice Templates.
For instance, the name, phone number, email address, and complete postal address with postal code number are included of the recipient of the billing invoice or to whomever the invoice is billed.
The name and official logo of the company that is billing a company or individual is mentioned particularly.
Other details can include a very brief introduction or reason for billing; this may include the introduction of the construction project for which the construction company is sending the bill.
We write an introduction for reference purposes, that is, to remind the customer about the cost of the construction project. The tax details and the amount of applicable taxes are also mentioned in the invoice.
You can find free sample Construction Billing Invoice Template Excel from different blogs and websites on the internet. You can also download them and can use them for your own billing purposes.