How to Make Construction Receipt in Google Sheets?
A construction receipt is a simple document that records all sorts of payments and transactions. In any construction project, contractors tend to release a contractual legal agreement that needs to be approved by the construction workers. If you need one, below will be your guide in making a simple construction receipt.
1. Officialize your Receipt
Receipts are proof of your transactions, and this must be a legal document to give assurance to your company as well as your clients for authenticity. You need to introduce your company details. This step will help you gain your clients' trust which results in profit.
2. Open a Workbook and Add Client information
Client information is necessary for a deal. Construction receipts provide the record management of both sides inside a business. Go to the site of Google Sheets and select a 'blank' worksheet. down the payer's company name, company address, and contact information."Why base your marketing on what you think customers want when you could give them exactly what they want?"(Lawrence2018). You can satisfy your clients by collecting information about what they need.
3. Secure Your Receipts
Fraudulence and unauthorized documents are very common these days. There are a couple of things that you should include to ensure the security of your receipts, such as the service attendant and receipt number. When you are a member of an organization, it is essential to be careful with whom to trust and believe. So make sure that your construction receipt is reliable and official.
4. Determine Expenses
Payments of construction workers, laborers are not the only expenses you need to determine. In construction projects, you can't operate without utilizing a lot of tools and equipment. In devising your receipt, ensure to list everything that you used in the project in complete detail. It is advisable to double-check your inventory to confirm that you have not disregarded anything important.
5. Print a Barcode at the Bottom
A barcode is a scannable code that displays patterned parallel lines and has a numerical value at the bottom. This code functions to store data and translate it into digestible information. Barcodes are vital in receipts because they store crucial transaction information. It also includes the location where the transaction took place, the name of the cashier, the payment method, the items purchased, and also their respective prices. Use the 'insert' menu to put objects in the document.
What is construction?
Construction refers to the process of building something. It is when you build buildings, houses, motorways, or other establishments. A construction project needs teamwork. It may require a small or large workforce. In the site, the contractor assigns each person to different tasks, and they are responsible for doing it using their skills.
When do I need a construction receipt?
Every time you purchase a tool, item, or goods for your project, always secure a receipt. You should always keep proof of every transaction that you had. Your receipt could be very beneficial, especially when you get tangled into a complicated situation. Failing to keep receipts could significantly impact the project that you are managing.
Why is a receipt important?
If you have a transaction it is necessary to keep records. In a construction project, a receipt would help you keep track of all your expenses.A receipt would also serve a purpose when you prepare your financial statements and tax returns
Do receipts expire?
Although a receipt is not a consumable good, it also expires. The expiration date is usually shown in your receipt. If the date of expiry is not present, then it is understood that that receipt is only valid one year after the issuance. After a year, your receipt would be considered invalid.
What is the difference between a construction receipt and a construction invoice?
Before undertaking a construction project, know the difference between a receipt and invoice. A construction receipt serves as an acknowledgment that a seller has received the money in return for the property, goods, or items. On the other hand, an invoice is a document that presents the transaction between the seller and the buyer. The seller issues an invoice before the payment and it usually includes the products and the agreed prices settled by both parties.