Pepe De Wee December 2, 2019 Invoice Examples
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.
Once you have a clear idea what you`d like your invoices to look like, it`s time to start creating an invoice template. Various downloadable invoice templates can be found online, and most of them are easy to customize with your own business name, address, and logo.
The Invoice Date plus Payment Term Days give you the Due Date, which should be in plain English and easy to understand. Having a due date on the invoice is a tactful and professional way of making it clear to your client when they should pay. Setting up payment reminders can also help keep your customers on schedule to pay.
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