An invoice is a commercial document issued by businesses to indicate a transaction and request payment for the product or service provided. In today's business world, there are certain expectations around how we talk about money. An invoice is a powerful communication tool that ensures payment in a timely manner, it also makes a good impression on clients and sets the stage for long-term relationships. This Invoice Template Guide will discuss everything you need to know about invoicing and why it’s important to get it right.
Due Date: The Invoice Date plus Payment Term Days give you the Due Date, which is in plain English and easier to understand. Having a Due Date on the invoice is a tactful and professional way of making it clear to your customer when they should pay. Bill To: Who this invoice is intended for and their contact information. Product or service details: Specify Description, Quantity, Rate, Amount and Subtotal. The more details you include on the invoice, the better. This way, your client will know exactly what they are paying for upon receiving the invoice. Make sure that your client can understand every item, so that as soon as they receive the invoice, they can pay you instead of asking questions and delaying the process.