The final account closes out the contract sum. It starts from the original contract sum, adjusts for additions and omissions, and arrives at the agreed final figure and the balance still to be paid.

Who it is for

It is written for quantity surveyors, commercial managers and contractors running JCT projects who want a consistent, auditable paper trail from first valuation to final account, without building their own spreadsheets and letters from scratch on every job.

How to use it

Enter the contract sum, then list each addition and omission in the schedule. The statement adjusts provisional sums and variations, applies optional liquidated damages, deducts retention and amounts already paid, and shows the balance due in figures and words. Signature blocks record agreement by both parties.

What's in the template

Schedule of additions and omissions
Optional liquidated damages line
Retention and amounts previously paid
Balance due in figures and words, with signatures

File format and what you download

The download is an Excel workbook (.xlsx), supplied as a BLANK version ready to use and an EXAMPLE version completed for a fictional project, with PDF previews and a short Read Me covering instructions and the licence. There are no macros. It works in Microsoft Excel and Word 2016 or later and in LibreOffice.

Price

This template costs £3.50 as a single download. It is also part of the QS Commercial Starter Pack: all 13 documents for £24 instead of £45.50. Prices include VAT where applicable.

£3.50

Instant download via Payhip · Prices include VAT where applicable.

Buy now – £3.50

Also in the QS Commercial Starter Pack

Check before use – not legal advice. Check the template against your own contract and current legislation and guidance. Clause references are completed from your own contract; no JCT contract wording is reproduced.