The Components Of a Great Invoice
Your invoice isn’t just another business document or a flashy way of showing you’re the real deal. At the end of the day, your invoice is really your ticket to getting paid.
So if it reaps such great rewards, why do many business owners face the common struggle of unpaid, lost or ignored invoices? You may be missing one of the key components that ties it all together. Want to learn how to create an invoice template that leaves an impression? These are the components.
- Company and Contact Information: These details on your invoice leave a papertrail of who your business is, as well as the business you’re billing to.
- Date and invoice number: A simple way to keep track of invoices—especially for repeat clients.
- Description of services, rates: Cut the project confusion between you and your client. Leave room in the body of your invoice to describe the services you’re billing for.
- Sales tax: Don’t forget to charge applicable taxes—after all, you’ll have to pay them come tax time. Put in your per cent and share the pain…
- Amount due: Give your client an at-a-glance look at the total amount of your invoice.
- Invoice terms: Have a specific payment method you’d like your clients to use? Want to set an invoice due date to stay on top of your cash flow? State your terms in each and every invoice you send.
Download Your Free Invoice Template