Author : Imogen Wortman.
Published : Fri, Oct 5 2018 :3 PM.
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Templates will help you get your invoice format right, because all the fields are preset. You just have to open it up and fill it out. You can give yourself a head start by setting up templates for specific types of jobs, or certain customers – with a lot of the details already filled out.
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Terms (or Payment Terms): Invoice terms depend on common practices of your industry, your relationship with the customer, and your cash flow needs. For example, “Net 30” means that the invoice is due 30 days after the Invoice Date. Be mindful some businesses may pay later than the stated due date, so you may want to include a buffer to keep your business free from a cash flow gap.
Invoice date: The issue date for the invoice. Pro tip: Getting your invoice out in a timely manner can help you improve cash flow and get paid faster. Bill your customer using the mobile invoicing app, right after you finish the job.
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Let’s face it, the digital space has made invoicing a lot easier than it used to be. Currently, to create an invoice, all you need to do is follow a template. Rest assured, we have you covered there. But, because there are so many different businesses that you might work with, it’s worthwhile to consider exactly how an invoice works.
Name of your business: Format in bold and place at the top of the page. Include your company logo for a branded look. Invoice2go helps you create a simple logo if you don’t have one already.