Interim Payment Application / Invoice
In Any projects, keeping track the payment is very important. Contractors, consultants, and clients all need a clear record of how much work is done and how much money is to be paid. and what is the balance.
To make this simple, we are sharing a free editable Invoice Template. You can download it, change the details, and use it for your own projects.
- Interim Payment Invoice: A payment request made by the contractor during the project. It shows the work completed, advance recovery, retention, and balance due.
This helps everyone (contractor, consultant, client) to be clear about the payments.
Main Features of This Template
- Contract details (original value, variations, updated value).
- Project start and completion dates.
- Work completed up to date.
- Advance payment and recovery details.
- Retention deduction details
- Amount due to contractor / Invoice value.
- Contractor bank details.