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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.

Creating a professional freelance invoice is vital to the success of your business. If you sent your client paper receipts and scribbled notes, they would not be as likely to pay you on time and would probably question the you run your business.

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