Running Account Bill (RA Bill) Preparation Explained Step by Step

Introduction

RA Bill is used to record periodic payments in construction projects based on work progress.

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Steps to Prepare RA Bill

1. Measurement Collection

• Take site measurements
• Record in measurement book

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2. Quantity Calculation

• Calculate executed work
• Verify with drawings

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3. Rate Application

• Apply contract rates
• Calculate total amount

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4. Deductions

• Security deposit
• Tax deductions
• Retention money

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Importance of RA Bill

• Smooth cash flow
• Transparent billing
• Project tracking

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Conclusion

RA Bill ensures timely payment and financial control in projects.