Whether you own a business that rents real estate to others or operate one for someone else, you are undoubtedly familiar with the Rental Invoice. The rental invoice is the document that landlords present to tenants. It details how much the tenant owns in rent, and when the amount due will pay.
Rental Bill Format
Rental Invoice Format
First, we presume that you have Excel on your PC since you need it to view and manipulate the invoice template. And, it is helpful if you have some understanding of how the software works. For instance, if we refer to a data cell as “C12,” you will know that we’re referring to the cell locate in Column C at Row 12. So, We will use this terminology as we move through the example.
Next, let’s remind ourselves of where rental invoice originates. When a tenant leases (i.e., rents) property from a landlord. The relationship between the landlord and the tenant is set out in a Rental Agreement. This document details the real estate to be rented to the tenant. Thus the duties and responsibilities of each party. Also the amount to be paid by the tenant for use of the property, and when the rents are due. The rental agreement has a beginning date and an ending date. It is signed by all parties as evidence that they are in agreement regarding the arrangement and understand their respective roles and responsibilities. It may also have a unique rental agreement number.
Although schedules for rent payment may vary according to the requirements and wishes of the respective parties, rents are typically paid on a monthly basis. The house rent bill format invoices presented to the tenant during the term of the lease are used by both the landlord and the tenant as evidence of the claim for payment. They may also use as receipts for payment. If the dates and methods of rent satisfaction are subsequently noted on the form.
Rent Invoice Format with GST
As you can see, the Rental Invoice template provides a functional and easy-to-complete form for any landlord or rental company’s use. It is comprehensive and flexible. When properly used, it will allow the rental agency to bill for and collect rents and fees due. It will also serve as a permanent record of the transaction(s). Thus describes therein and provide information necessary for correct accounting and bookkeeping.
This invoice template can alter for use in other types of rental businesses, as well. Depending on your familiarity with Excel and its customization tools, you may alter it to your own satisfaction.