Choose one of our free downloadable invoice templates, and start creating your own custom invoices today. Use a Microsoft Word template when your primary concern is having options in your invoice design process. Word is known for letting you design invoices, as well as various kinds of documents and reports. Customize your blank invoice template by adding vibrant images and tweaking its colors and fonts. In ecommerce, a business sends an invoice once the customer has confirmed the order, and the invoice often accompanies the shipped goods. For example, an online clothing retailer would send an invoice as soon as a customer’s order is processed, detailing the items purchased and the total cost.
Service Blue Template
Service-based businessesFor service-based businesses such as consulting firms, marketing agencies, and freelancers, invoicing often occurs after the services have been delivered. This is referred to as “invoicing in arrears.” For example, a freelance graphic designer may complete a project and then issue an invoice detailing the hours worked and the agreed-upon rate. With these tools, you can ensure accuracy and save time while keeping your clients’ trust intact. Always remember that an invoice is not just a payment request document that is used only to collect the amount.
Invoice Templates
This Portable Document Format lets you send invoices the way they were originally created even after you convert them to PDF. They can be password-protected, and each change to your invoice leaves an electronic footprint. The type of information you include on your custom invoice gives your customers clear, actionable information on what to do to pay you faster. To ensure that you get paid efficiently, be sure to enter your project details and business and customer information accurately. An invoice template is a preset, customizable template that you can repeatedly use to invoice your customers. It is available in popular file formats like Word, Excel, https://www.pinterest.com/gordonmware/make-money-online/ and PDF.
Highlight the Value You Provide
Having a well-designed invoice is an accounts receivable best practice that will encourage customers to pay on time. Besides being a request for payment, invoices can serve as promotional material with a customized look consistent with your business and industry. Assign each invoice you issue with a unique invoice number, and document that number directly on the invoice and in your records. Once you download the template, it’s yours to customize any way you want. Fill in your business name, add your logo, and send it to your customers when you’re ready.
- The type of information you include on your custom invoice gives your customers clear, actionable information on what to do to pay you faster.
- In short, the timing for sending customer invoices depends greatly on your specific business model, the nature of the goods or services you provide, and the agreement with your clients.
- Regardless of the reasons the credit is offered, the seller should always generate a credit invoice to record the transaction.
- For instance, a retailer would issue an invoice immediately after a customer purchases items from their store.
- Record KeepingInvoices are also useful for maintaining and tracking records.
- Word does not have an automatic currency formatting feature, so you will need to enter the amounts with the correct symbol.
- Our guide covers 20 tips to get your to get clients to pay their bills and invoices faster.
- Eric is an accounting and bookkeeping expert for Fit Small Business.
- It is available in popular file formats like Word, Excel, and PDF.
- From your customer’s perspective, this is very inconvenient and sometimes impossible because they only write checks or otherwise issue payments once a week.
They are sent at pre-agreed milestones during the project’s progress, requesting payment for each completed portion. Interim invoices ensure vendor cash flow and avoid burdening the buyer with a hefty sum. If you need more than a basic template, check out our industry-specific invoice templates. This depends greatly on your industry and the nature of your business transaction. Creating an invoice for your small business is easy with an Invoice Template. Then, download your invoice, and send it via email—or print and mail it.
- It’s about showing customers the value you bring and reminding them why they chose you in the first place.
- QuickBooks Online is our overall best invoicing software and can make sending timely invoices much easier.
- The invoice also serves as legal proof of the transaction after the payment is completed.
- Retainer modelIn the retainer model, which is often used by law or public relations firms, clients pay a set amount regularly (usually monthly).
- Our itemized Auto Invoice Templates guarantee transparency and accuracy in every transaction and provide a clear, detailed record of services rendered.