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If you're a company that plans to extend credit to your customers, you'll have to get familiar with invoice generation. The invoice is a bill to another business that lists the total amount due along with a breakdown of the items purchased. When it's time to generate invoices to send to your customers, you can make the process simpler by using templates in Microsoft Excel.

Notes: Many people overlook it, but the notes section on the invoice can be invaluable. A simple phrase like 'Thank you for your business' will leave a good impression to the customer and increase the chance of an invoice getting paid faster. You can also include Payment Instructions, Warranty Information or even a personalized message in this section to make them feel really special.

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