Invoice Template / January 11, 2019 / Dionne Boone
Note that an invoice is a commercial document that a seller issues to the buyer. The invoice indicates what products or services are being sold and the prices of these products or services. Sellers have the obligation to provide invoices to customers. All together the invoice provides authorities data on the earnings of the seller or store owner or entrepreneur. These documents are also important for record-keeping and assessment purposes. For the buyer the invoice is the proof of purchase and ownership. Since it is an essential document an invoice should bear the right information about the products prices name of company/seller and name of buyer.
Typically a standard template will include all of the basic elements required in order to compile a comprehensive invoice. Templates are also designed to allow the insertion of your own business details such as logo business name address and other contact information like telephone number email and fax. With these details in place clients can immediately identify with your invoices as having originated from your place of business which in turn can expedite payments filing and general administrative tasks. Standard invoices will also help streamline in house business administrative tasks also.
6. Payment Terms Clear agreement on payment terms should be written down on the invoice template. This helps prevent misunderstanding between the client and supplier. It also helps establish terms of payment in a clear concise manner. In order to create your own invoice template you can use a variety of existing software available today. Most widely used are Microsoft s Word and Excel which provides a basic customizable format for your invoice templates. When choosing to send the invoice through email you can change the file into a PDF format so that it can be sent over to the client.