By On May 20, 2019 Free Templates
In the original article that I wrote about invoices, I stated that I just stick with a Word document. If I have time, I will change it to PDF, but that does not always happen. Another common practice that I have seen is using an Excel spreadsheet to generate the invoice. But one important consideration that I did not mention back then is the plethora of accounting software out there. Due to affordable small business-targeted options such as Freshbooks or Quickbooks, you may never have to generate an invoice yourself anyway. An invoice serves several purposes. It is not just the catalyst that gets you paid, although Id venture to say thats the 1 role, huh? But that invoice is often needed by the buyer for other reasons. They need that record. They need to prove that they paid you, often so they can write off your payment. In my years of writing, I have only had one client, a magazine, that did not need an invoice. Iam not sure why or how they managed that.
You might start using a service like Paypal to receive payments online. Those services all offer integrated online invoicing tools, which can save you time and effort, and many include an online pay now option, which can reduce the amount of time you wait to get paid. If you are freelancing or in the early days of your small business or startup, you can probably get by with using free templates for a while, sending your invoices as email attachments, or even handing them to your customers in person. At some point, as your customers increase and managing your cash flow gets a little more complicated, you will probably start thinking about using an accounting tool like Quickbooks or Xero.
Start by downloading a sample freelancer invoice template in Word, or by generating one using our free Invoice template tool. Then customize your freelancers invoice following the instructions below. Please note the downloadable Microsoft Word invoice template does not include the built-in online invoicing features of PayPal Invoicing and the invoice design may not be formatted correctly if you export it to Excel. Get paid, With PayPal Invoicing, your clients will have payment options beyond what is normally offered by other invoicing apps. They will automatically be able to pay you online using their credit or debit card, PayPal account, or PayPal Credit. Tip, PayPal Invoicing can get businesses paid fast. In a recent study, 79 percent of businesses using PayPal Invoicing reported that they received payment within a week. 2 That is much faster than traditional offline invoicing. Watch our 2-minute video and see how easy it is for you to customize and send invoices, and how easy it is for customers to pay.
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