Accounting & Cost Management · Invoicing

Progress Billing Invoice (AIA-Style) Template

Quick answer

Progress Billing Invoice (AIA-Style) Template: Schedule of values pay application with retainage and previous billings. Its format is Excel. It is for Accounting, General Contractor, Subcontractor. It includes Schedule of values; Retainage; Stored materials; Balance to finish. It is a free download from Construction Logs.

Bill monthly progress cleanly with a schedule of values, retainage and stored materials.

What's included

  • Schedule of values
  • Retainage
  • Stored materials
  • Balance to finish
Progress Billing Invoice (AIA-Style) Template — template preview

Option 1 · Manual

Download free Excel template

Instant download. Opens in Excel, Google Sheets or Numbers.

  • ▸AIA G702 & G703 Pay App
  • ▸Invoice
Recommended

Option 2 · Modern

Run live in Daily Build

Generate pay apps from field progress and send them for approval.

  • ■Fill it out from the field on any phone
  • ■Photos, signatures and timestamps attached
  • ■Automatic reports for owners and PMs
  • ■Free to start — no credit card

Quick summary

What it is
Schedule of values pay application with retainage and previous billings.
Best for
Accounting, General Contractor, Subcontractor
Format
Excel
Price
Free ($0.00)
Pillar
Accounting & Cost Management

What's included

  • Schedule of values
  • Retainage
  • Stored materials
  • Balance to finish

Template columns

ItemDescriptionScheduled ValuePreviousThis PeriodStoredTotal Completed% CompleteBalanceRetainage
——————————

Excel vs. Daily Build

ExcelDaily Build
PriceFreeFree to start
Mobile field entryNoYes
Photos & attachmentsNoYes
Automatic reportsNoYes
Works offlineYesYes

FAQ

What is retainage?

A percentage (often 5–10%) withheld from each payment until project completion.

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