Creating an invoice may turn into a truly confusing task to accomplish. Luckily, you can always use the basic invoice template which can also be downloaded for free to help you. We understand that there can be more than enough confusion when making an invoice and what we will share below will make useful information for you to use!
What Is Invoice?
In general, invoice is a request for payment for services or goods already rendered by the provider to its client. Even so bear in mind that invoice is different from a bill. Although both are used to demand for payment of products rendered, there are slight differences that set them apart. At the same time, an invoice is also different from a receipt. While an invoice is a document to request for payment set before the service or product has been paid for, a receipt itself is a record of payment.
What to Include in Your Invoice
The basic invoice template can provide a great reference to help and guide you in deciding what to include in an invoice. There is information important to state in an invoice, and ensuring that those details are stated will help you make an effective invoice to bill your client.
Without a doubt, the “Invoice: header is a must. Be sure that it is clearly written on the top of the invoice, yet without looking too much or taking up too much space. Do not forget that the top part should also include the date when the invoice is issued and the invoice number. Include the information about your company, consisting of the company name, logo, and contact information. The same also applies to your clients.
In order to meet the purposes of your invoice, it should also include all the important details related to the transaction. This means the list of services or goods provided by your company should never be missed out, without a doubt. Plus, do not forget to state the costs. Additional fees regarding the products, such as taxes and shipping costs, need to be disclosed too, as well as the total amount due.
Different Types of Invoice
While the basic invoice can serve as your base and guide in making one for your business, you can also find different types of invoice to serve different purposes. For example, you may find a template for invoice that details the hours and rate per hour, proforma invoice, sales invoice, and billing invoice. Such specific invoice types will make it even faster and easier for you to make an invoice for your business that is tailored to your specific needs and purposes.
The basic invoice template offers a more practical and convenient solution for a smaller business that does not issue many invoices and finds the expensive and more complicated invoicing software a non-economical solution. Free to download and easy and quick to prepare, the template will give your business so many advantages your business can always benefit from!