Author : Isla Docker.
Published : Tue, Oct 2 2018 :5 PM.
Format : jpg/jpeg.
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Time is money, so it’s vital to keep track of it. It will also help you learn how long it will take to complete similar projects in the future. Accurate time tracking also adds a level of transparency to your billing and helps you get paid what you deserve. Invoice2go’s time tracking feature gives you a simple way to keep track of every minute you work, and add it straight to your invoice for straightforward billing when you’re done.
To do that, let’s take a look at a few examples of invoices and explain the basic sections, as well as provide you with the tools and several invoice templates that you use for free.
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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.