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Formal Invoice Template

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Meghan Stokhorst November 29, 2019 Invoice Examples

If this is your first business, it may be difficult to know what your invoice template should look like. If you`re unsure, or would like some ideas, you can find examples of invoices online. Friends or family who are self-employed or run their own businesses are also a good source of inspiration for your own invoice template.

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Your client wants to know exactly where their money is going, and your invoice should communicate the nitty gritty details of the job. Be specific rather than general with your line items. Instead of listing “materials” as a single expense, itemize each one on its own line, such as: paint, nails, plywood, etc. It’s also a good idea to attach receipts to back your claims. Don’t risk having your client wonder if you’re padding the bill.

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There are three main types of payments terms small businesses use. These invoice payment terms depend on common practices of your industry, your relationship with the client, and your cash flow needs. For example, “Net 30” means that the invoice is due 30 days after the Invoice Date. Be mindful that some businesses may pay later than the stated due date, so you may want to account for a little extra time to avoid a cash flow gap.

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