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.
The due date for the invoice is totally up to you, however, most invoicing systems are set up on a 30 day, 45 day or 60 day timeframe. You can also make the invoice "Due upon receipt," where the recipient is required to pay the invoice promptly.