According to one report, over 500,000 businesses have opened in the past year.
If you’ve recently opened a business, you will likely need to send an invoice at some point. However, if you’ve never created an invoice before, you might not know how to actually make one.
This post will explore how you can use business tools to create invoices for your company. If you use these tips, you should be able to create professional invoices with relative ease.
How Are You Billing People?
To begin with, you need to consider how you’re going to bill clients.
This is an important step because some billing tools/platforms provide a free invoicing tool. For instance, if you’re using something like Stripe or PayPal, you’ll find that there is a built-in invoice tool.
If you use these tools, you’ll be able to access some ‘pre-made’ invoicing templates.
When using these templates, you just need to add information regarding your business, and the thing you’re actually billing for. You’ll also need to add information based on your clients, such as their billing address.
Once you’ve added this information, you can then use the billing platform to send the invoice.
In some cases, the billing platform might also let you set up automated reminders.
For example, if a client hasn’t paid an invoice within three days, you can set things up so that they receive an automatic email reminder.
This can then help you avoid a situation wherein you’re chasing people up for payments. This is especially helpful when you consider the negative impact a late payment can have on company finances.
Use Free Templates
Sometimes, you might need to create a special kind of invoice, and you might not be able to find a decent template within your chosen billing platform.
For instance, if you need to ship an item internationally, you might need a template for a ‘customs invoice.’ If that’s the case, you can often find a good template by browsing websites that specialize in ‘business documents.’
Such websites will often have free templates for a wide range of business scenarios. You can generally find these websites by performing a quick search on Google.
Use Paid Tools
You might have some difficulty creating a good invoice, even after following all the steps above. If that’s the case, you may want to invest in a premium invoicing tool.
The amount you pay for these tools will often depend on the number of clients you have.
One of the good things about these tools is that you can automate invoices, thereby helping you save time. A lot of these tools can also export financial data, which is really helpful for when tax time rolls around.
Can Business Tools Help You Create Invoices?
This post has explored some of the business tools you can use to create invoices.
If you have some doubts about what you should write on an invoice, consider looking at some of the invoices you have received in the past.
If you study these documents closely, you should end up with a good understanding of what a ‘proper’ invoice looks like.
To read more on topics like this, check out the Business category