The “Due Date” and “Upcoming” columns are automated and interlinked to show overdue or imminent payments. If a payment is past due with a status still marked as “Pending,” the “Upcoming” column will show it as overdue. For payments due within the current month, it will display “This Month,” this will help you monitor and prioritize payments. Additionally, any future payments will be marked as upcoming based on their scheduled due date. This way, you can filter payments in Excel or Google Sheets to focus on overdue, current, or upcoming expenses.
The template comes with pre-defined payment statuses, which can be customized in the “Statuses” sheet to meet specific project needs. It also automates the totals for each month and each contractor or service provider, with the net total displayed in the header. Designed to be practical for both Excel and Google Sheets, this template is intended to ease the financial management of construction projects.