![]() ![]() Multiply the unit price by the total services to find the total cost. List the materials with the amount per unit. List the offered services with the amount per unit. How Should Services, Materials, and Billing Be Described on the Invoice? Services Keep invoices and receipts for all transactions. Maintain a record of all invoices and receipts for every transaction. Specify invoice due dates and any associated charges for delayed payments. Payment Method ClarityĬlearly state the approved payment methods in the contract, such as checks or bank transfers. ![]() RetainageĬonfirm retainage provisions in the contract if they are industry standard. Progress BillingĪdopt progress billing to invoice clients based on completed work for extended projects. ![]() Indicate the payment amount payable after achieving each milestone. Set up payment metrics based on the status of the project.
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