Construction Invoice Template

To create an invoice for a draw, go to the Invoice sheet and enter the project details, invoice number, and billing period. In the line items, reference the Schedule of Values to determine your billing entitlement for the period — enter the amount you're billing for each scope, and the sheet calculates the retainage holdback and net amount due. If you have approved change orders to bill, pull the amounts from the Change Order Log. When the invoice is complete, log it in the Invoice Log with an Outstanding status. Print or export to PDF to send with your lien waiver.

The schedule of values is the central document in construction invoicing. It maps the total contract value to specific scopes of work, and each draw invoice is a claim against that schedule. Owners, lenders, and project managers use the schedule of values to verify that your billing is proportional to work actually completed — billing 80% against a scope that's 40% done is the fastest way to create a payment dispute. AIA G702 and G703 forms are the standard in commercial construction, and this template follows that same structure without requiring you to buy or use AIA software. Every draw invoice you create references the schedule and shows the cumulative billed-to-date per scope, which gives owners exactly what they need to approve payment quickly.