By Doris RufOn May 10, 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.
Thats where a simple, professional looking invoice can make a big difference. You want your invoice to make it easy for your customers to understand what you are billing for, how much they owe, and when payment is due. Invoicing can take some time, but there are some ways you can make it quicker and simpler. A surprising number of businesses that are bringing in good revenue struggle to keep their business afloat because they struggle with cash flow—having the cash in hand to cover expenses. It is an accounts receivable problem. Many times, this struggle is not because they have not done enough business, it is because they just have not been paid yet for products or services already delivered.
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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