Hourly Service Invoice

Managing and organizing a small business while trying to convince and comfort clients can be tough. Maintaining a good reputation is important for small businesses to prosper. Some companies provide hourly rates for the convenience of clients and themselves. For such companies, hourly service invoices are used.

Most of the projects in such an invoice are invoiced using a standard procedure for service invoicing, i.e., multiplying the number of hours by the price per hour or with a fixed-rate invoice. In some cases, this method doesn’t work, as different values are used to arrive at the cost of the project.

MS Excel (.xlsx) Format

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The hourly service invoice is for all those who charge their clients hourly. If you are a service provider who has finished providing services and is now wondering how to demand money, you can simply download the hourly service invoice template. This template is a professional way of asking the client to pay you.

Every service provider has a unique way of getting paid. The hourly service invoice is issued by those service providers who actually get paid according to the total number of hours they spend working for their clients.

Apart from hourly rate changes, the ‘Hourly service invoice’ includes all the main components of a standard invoice. For example, content writers, consulting businesses, freelancers, and gardeners use this type of invoice, as do companies that charge according to time.

What does an ‘hourly service invoice’ include?

Basic information:

Company name
Website address (if any)
Company’s address, contact number & email
Date & invoice number
Payment terms
Mode of payment
Lead time and due date
Payment to
Payment for

Although the details to be mentioned in the invoice vary from invoice to invoice as they depend entirely on the service provider, various information is standard for every invoice. These details are:

Name, address, and the logo of the company, which is mentioned at the top of the invoice
Name and contact details of the customers who are being sent the invoice
The unique invoice number helps the service provider in record-keeping
The date on which the invoice is being issued
Comprehensive details of the services that have been provided. It is advisable to enlist the services with proper numbering if multiple services have been provided
Number of hours the service provider has worked
The per-hour rates of the services
Mode of payment
Total bill
Terms and conditions

Details:

Description (details of projects)
Work (specific tasks)
Specifications (for content writers, it can be ‘total number of words’/ hours)
Rate (According to divisions/ per word/hours)
Amount/Total
Subtotal
Taxes to be included
Tax rate
Discounts (if any)
Grand total
Other comments
Remarks (if any)

If a company has different rates, it can leave the hours and rates section blank and add the information manually.

‘Hourly service invoice’ should be easy to understand and convenient for customers for easy payment, which leads to a successful business.

Invoice template:

The hourly service invoice template allows the user to mention the number of hours he has spent providing his services, the total payment the client is liable to pay, the unique invoice number, and many other details. The template is easy to use since it is in MS Excel format. All the user needs to do is input the details in the template and print it. The user can also add multiple services to the template.