Author : Poppy Jorgensen.
Published : Sat, Aug 25 2018 :5 PM.
Format : jpg/jpeg.
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The simple truth of the matter is that your customer may just forget to pay your invoice. To plan ahead, we suggest developing a tactful follow-up plan to get paid before things go awry.
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Accurate billing is extremely important for anyone running a business. It can be the difference between building trust and doing more business with your customer, and leaving them with a bad impression because a small detail was left out, or misrepresented. Business owners who provide detailed, prompt invoices straight to the customer’s inbox come out way ahead in the credibility stakes.
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.
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Using a digital format is one way to ensure your invoice is professional, and to indicate that you’re likely to use the latest tools, and follow best practices, on the job. Simple mobile apps like Invoice2go will allow you to create and send professional estimates and invoices on site when the project is still fresh in your client’s mind. Invoice2go can even store receipts so you have a real-time way to keep your expenses organized, and ready to show at any time.
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.