How Often Should You Invoice the Customer?
Some construction jobs take longer than others, and your initial bid should include when the client can expect invoices. For small, one-off jobs, you can send client invoices after the work is completed. For larger, long-term projects, consider using progress invoicing, where you will send monthly invoices covering different steps of work. If you’re billing monthly, you might bill for work done during that period or a portion of the total bill.
For example, a construction company builds a home over a 12-month period, and the initial bid reflects a total cost of $120,000. 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.
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 provided free Excel construction invoice templates encourage you to create professional-looking bids and invoices that can help you earn additional business. The template duplicates standard information, such as your company contact information, and offers more flexibility for adding details. Once you’ve created your template, join many other small businesses in using online invoicing software to help track expenses, payments, and accounts receivables.