What is the Rental Invoice Template in Google Docs and Sheets format?
The rental invoice template is a legal document that serves as proof of a rental transaction. The template contains essential information about the owner and tenant, the rent price, and the date.
The formats are fully customizable, which simplifies the creation of the invoice that suits the business identity. This template can be shared with the client via email or by downloading the invoice in different formats, such as PDF or a web page.
What Are the Elements of the Rental Invoice Template?
The rental invoice template is divided into five sections: the first section is for business details, the second is for the client and shipping address, the third section is the product and service itemized table, and at the end, you can find the configuration section and the payment summary.
The elements of the rental invoice template are:
- Header Information: This section consists of detailed business and invoice data and the business logo.
- Itemized Table: Through this table, you can add many rows with the feature of the automatic calculation of the quantity and unit price.
- Remarks/Payment Instructions: It consists of total hours, hourly rate, discount, total pre-tax, tax rate, total tax, and balance due, with a feature to edit these parts and add what suits your business.
- Configuration Section: This section includes terms & instructions for this invoice type.
Why is the Rental Invoice Template for Google Docs and Sheets important?
The rental invoice template is vital for ensuring a safe money transaction, for keeping records, and for providing a clear understanding of prices. Moreover, this template is simple to use and edit in all its sections.
- Using the template ensures a successful money transaction between the two parties.
- With the rental invoice template, you can easily record the services and items provided to ensure prompt payment.
- This template consists of a detailed iterated table that offers detailed pricing, which helps the two parties stand on the same page.
- It maintains both parties' rights, plus the record of your work daily, weekly, or monthly, which helps to measure and analyze your work easily, step by step.
- Using invoices helps everything related to the accounting section to register and identify each sales transaction occurring in the account.
- Inform the client to pay the agreed charges with clear information about the prices, discounts, and items of the selling units.
- This template is evidence of the transaction between two parties.
- The invoice is a record of the materials and hours involved in itemized field technicians' services to a client.
How To Fill Out Your Google Sheet Invoice
It is simple to fill out your Google Sheet or document invoice in simple steps:
- Fill the company tab
- <Your Company Name>
- <123 Street Address>
- <City, State, Zip/Post Code>
- <Phone Number>
- <Email Address>
- Then the client details
- <Contact Name>
- <Client Company Name
- <Address>
- <Phone>
- <Email>
- At the end, the project details
- <Project Name /Depth>
- <Project Description>
- Don’t forget to register the date and the invoice number.
- Enter the service items and their prices.
- Share the invoice with the client via email or print it and deliver it by hand.
Who uses the invoice template in Google Docs and Sheets?
The invoice templates are beneficial to every store manager, small business owner, and cashier. It helps retail businesses and B2B businesses keep records of the accuracy of sales, purchases, and payments.