A construction invoice formally requests payment from a customer for a specific amount. As a result, it also includes payment terms, including the due date and any discounts. In this way, an invoice is different from a quote. A quote provides customers with an estimate of what they might owe for work to be performed. An invoice means the contractor is owed for work performed - even if it’s not due for 30 or more days.
A construction invoice will usually consist of:
The contractor’s company name and contact information
The customer’s name and contact information
The date of the invoice
The due date(s) for the amount(s)
A clear brief or line-item description of the goods or services
The quantities (such as units, hours) and prices for goods or services
The payment terms
With all that said, does an invoice have to be written? Is there such a thing as a “verbal invoice”? While contracts can be made with a handshake, requests for payment should be clearly documented and dated in order to protect a contractor’s right to collect. #constructionBill ##contractorinvoice #civilhelp #constructionpayment .
15 сен 2020
