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RA Bill Template

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Running Bill Format. RA Bill Format in Excel. Download now and invoice your client in RA Bill Style.

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Summary

If you are looking for a format or template to invoice your client for your services and materials supply in a running account manner, this RA Bill invoice format can be helpful. It is fully customizable. Hence, you can also create your own format for each contract or agreement.
Features of RA Bill

RA Bill or Running Account Bill is a recurring type of invoice. It basically happens in construction or contracting services. The whole idea of this type of invoicing mechanism is to ensure that the invoices are raised on a periodic basis. This usually happens as per the agreed frequency or trigger points. This kind of invoicing happens for project based businesses mostly.

This excel template helps you raise RA Bill or Running Invoices for your business. It comes with fields like:

  • Name of your company, address and other information
  • Invoice Date and number
  • Name of project, agreement number, and cost incurred summary
  • Name of Project Manager
  • Client information, name and address
  • Cost elements like direct labor, material, equipment, consultants etc.
  • Current cost against the cost elements
  • Cumulative cost to date for each cost element
  • Total amount due and payable

The cost element in the invoice template should be kept consistent wit the contract budget for better analysis. Furthermore, along with RA Bill, you can also share invoice wise project cost summary to your client for the verification and reconciliation of Cumulative figures.

Download Instructions

Follow the download instructions below, if you need any assistance. You can download this template for free and start customizing or using it. All the templates, resources, formats and designs are free of cost. However, By downloading this template, you also accept our terms of use policy and privacy policy.

Once you download this template, by default, the file/ folder extension will be compressed (zip). You will require decompressing software to get all the template files. You can use 7ZIP, WINRAR etc. Also, ensure that you have the appropriate software installed on your system for the file type you are downloading (e.g., Microsoft Office for DOCX, PPTX and XLSX files, a PDF reader for PDF files). Now, Right-click on the template file you’ve downloaded and Select “Open With” from the context menu.

You can choose the relevant software/application to open the file. For DOCX files, use a word processing application (e.g., Microsoft Word or any other document reader). For XLSX files, use a spreadsheet application (e.g., Microsoft Excel or Google Sheets or Spreadsheet or Apple Numbers). For PDF files, use a PDF reader (e.g., Adobe Acrobat). For PPTX files, use a presentation software like Microsoft PowerPoint, Google Slides or Prezi or even upload it to Canva and use it. Alternatively, you can double-click on the template file, and it will open in the default application associated with that file type on your system.

If you encounter any issues, ensure your software is up-to-date or consider using an alternative application that supports the file type.

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FormatWorks
FormatWorks Inc. offers free designs, templates, formats and layouts for various personal and business use cases. Our aim is to deliver resources free of cost. You can get templates for presentation, spreadsheet, CV/ Resume, agreements and more.

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