Often, invoices are self-explanatory lists of services, quantities and prices, but sometimes, they can’t tell the whole picture. For example, it might not be immediately evident that you’re applying a discount https://www.bookstime.com/ to one of your line items. To clarify this discount, add an explanatory footnote at the bottom of your invoice. This way, your client knows that future invoices may display higher rates for the same work.

• When creating an invoice, you should include the legal name and contact details of your business.
• Before making any type of payment, customers want to ensure that they are doing business with a credible, trustworthy company.
• We have highlighted the critical elements you should include in an invoice and explained why you should include them.
• Without having to wade through unnecessary red tape, you can easily create an industry-specific invoice to suit your needs.
• Include other identifiers on the invoice, such as an invoice number unique to the transaction.

Your customer is more likely to pay an invoice if they know what they’re paying for. It’s good to know what to do if acustomer won’t pay an invoice, but it’s even better to avoid the situation from the start. By following this guide, you’ll have a great invoice template that you’ll be able to modify and make your own. Finally, when it comes to payment, be sure to clearly outline what you expect so there aren’t any misunderstandings. Some details to consider here are foreign currency exchanges, a due date for payment, and penalties for late payments. If you are invoicing in Australia, then the company account holder’s name, BSB number, and account number details need to be provided for a local transfer.

Company name and details

Plus, you can upload your own business logo or use one of our free professionally designed logos. Check out the different invoicing options and features how to make invoices below and never send out a boring invoice again. Don’t be afraid to follow up with a client if they don’t pay within your agreed-upon payment period.

And when it’s time to get paid, receive money internationally for free with a Wise Business account. Excel offers a variety of clean, easy-to-use invoice templates, depending on your needs. However, you may run into the same logistical challenges as sending invoices via Word. You can download a wide range of customizable Excel invoice templates online. FreshBooks offers a selection of free invoice templates available to download in Excel, Word and PDF formats.

How to make an invoice (with free invoice template)

You can also outline the conditions under which customers can return or exchange items they have purchased. As a business owner, you have many options for paying yourself, but each comes with tax implications. Invoicing is a very important part of running a business.

Your invoice should include a clear “Invoice” title in case you need to use your invoice for legal documentation. It’ll help you keep your invoices straight from other documents, too.

Add up line items for total money owed

Our mobile app can even be used for sending invoices directly to your clients. Your clients’ billing information is stored in the system and invoice numbers are generated automatically, so you can create invoices faster using cloud-based invoicing software. Invoicing software also allows clients to pay directly from the invoice, so you can get paid faster.