Apply SPI Epoxy with paint roller?

I send invoices at the end of the month and payment is due in 7 days. Never had anyone not pay on time. If I did work would stop until paid in full. I’m not a bank…

Don
Same here.
I keep an Excel spreadsheet for the Overall Costs of the Job on my desktop computer. It has columns for Labor, Parts, Materials and a Description of the work done, plus a column for Payments Received and Invoices sent. When the job is complete I have the total hours spent, materials used, etc.

On my laptop in the garage, I keep a spreadsheet for Time and Materials that is updated regularly throughout the day.

If I get a materials deposit, I keep a separate sheet, where each material order is entered with the date and supplier. This gives me an accurate running balance and it's easy to access. All receipts are kept in a folder in the file cabinet.

At the end of the month, I create an invoice from data retrieved from the Spreadsheets. I bill monthly with the stipulation that the owner can take his car home any time he wants, as long as he is paid up.
 

orangejuiced86

Garage hack at night.....
The only deposit I take is for materials. After all these years I have a rough idea on what materials are going to cost and keep track on a spreadsheet.

I used to love getting labor payments in one lump sum, but the last few projects I have taken them in payments when milestones are hit on a project. It's easier for me to add to the total when the scope changes that way.
 

Dave C 5

Member
I take a $2500 down payment to cover materials and then the balance due at completion- never had a problem doing it that way - sometimes I have to get creative with my deposits though- split them up so I don’t “alert” the government;)
 
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