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The Invoicer Report – 2023 Year in Review
Well, that’s (almost!) another year in the books. Throughout 2023, you along with many other small business owners used Invoice Simple to easily create the estimates and invoices that got you paid quickly. In fact, Invoice Simple users like you created 22 million invoices this year! This December issue of the Invoicer Report looks at […]
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5 Steps to Keep Track of Business Expenses
In the dynamic and intricate world of business, maintaining a clear and comprehensive record of business expenses stands as a foundational practice that can make or break your company’s success. The ability to effectively track business expenses is not only a matter of financial prudence but also an act that directly impacts your business’s overall […]
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The Invoicer Report – August 2023
Welcome to the latest issue of the Invoicer Report. We’re rounding up the most current news and resources that’ll make invoicing your clients a breeze and get you paid quickly. Filled with new feature highlights and links to recently published articles, the Invoicer Report is your one-stop shop for keeping up with all the latest […]
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How to Keep Track of Invoices & Payments: A Comprehensive Guide
Among many crucial business practices, learning how to keep track of invoices and payments emerges as mission critical. Recent statistics reveal that 11% of customers never receive their invoices, with 35% of unpaid invoices remaining for over 30 days. These numbers underscore the importance of invoice monitoring, as it safeguards revenue streams and fosters financial […]
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What is Progress Invoicing and When Should You Use It?
As your contracting business grows, so does the size of your projects. Instead of wrapping up in just a few days, projects can take weeks, months or even years to complete. When these larger projects start to become your norm, your business is probably at a point where it has outgrown a bill-as-you-go system. In […]
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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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Invoice Versus Receipt Basics: Everything Business Owners Need to Know
Streamline your financial record-keeping by learning the difference between invoices versus receipts. Plus, get tips for tracking these critical tools.
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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 […]