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How to State Invoice Payment Terms (with Example Wording)
There are many things a business owner can put off, but invoicing is not one of them. Timely invoices help ensure a healthy cash flow so you can keep your business running. However, it’s not enough to just tell your customers how much is due. You need an invoice that includes: the date of the […]
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The Invoicer Report – April 2023
Welcome to the first issue of the Invoicer Report. Our newsletter is chock-full of info and resources to make invoicing your customers easier than ever. From the latest web and app features, to recent blog posts and industry news, the Invoicer Report offers tools to help you run your business more smoothly. While we picked the […]
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How to Offer Net 30 Terms (for Small Businesses & Contractors)
The lifeblood of every business is cash flow. Small business owners and contractors need money coming in so they can pay their suppliers, employees, and themselves. One way to help maintain steady cash flow is by offering net 30 terms. For many people new to running a business, this common invoicing practice is unfamiliar. Here’s […]
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Invoicing Tips: Can You Write off Unpaid Invoices?
We’ve all been there. You’ve done the work, sent the invoice, and… crickets. Suddenly, that hard-earned money feels a lot further away than it did a few weeks ago. Despite businesses doing their best to stay on top of payments, the late payment struggle is real. The 2022 Late Payments Report reveals that a whopping […]
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Understanding Net 30 Terms in Invoices
What is “Net 30,” & What Does it Mean on an Invoice? Net 30 is a payment term for invoices. When this term is included on an invoice, it means the customer has 30 days to pay the total. With net 30, you’re extending credit to your customer and allowing them to purchase services and […]
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What Is a Proforma/Pro Forma Invoice?
A pro forma invoice, also known as a proforma invoice, is an invoice draft that business owners and freelancers can send to customers before beginning a project or asking for payment. A proforma invoice is not a bill; it is simply a way to calculate and notify the customer of the cost of the order […]
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How to Accept Payments Online (Credit, ACH, PayPal, QR Codes+)
How to Accept/Collect Payments Online Having the ability to collect payments online has become an increasingly important part of doing business. The ease and convenience of paying online with a variety of methods have led to more customers buying more products and services than ever before. Offering multiple ways to accept payments online can lead […]
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How to Fill out a Rent Receipt (with Example)
How to Fill out a Rent Receipt (with Example) If you receive rental payments for the property you own, you need to make rent receipts (a.k.a rental receipts) a part of your payment process. A rent receipt is a “proof of payment” document that shows the rental price paid, any added fees, and the date […]
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How to Calculate & Charge Late Fees on Invoices
How to Charge Late Fees on an Invoice (with Example) Did you know that on average, small businesses spend 15 days each year chasing down late invoice payments? Not only is that an annoying statistic, but it’s also a costly one. You could spend those days working on other projects (and getting paid for them), […]