Create and Manage Biz Invoices for Purchasing Effortlessly

Biz invoice for Purchasing

what should you put in an invoice in today's day and age it's hard to tell what's in and what's out glamrock out pet snails weirdly that's in oh my God he's so [Applause] cute so when it comes to a business invoice you need to do everything in your power to make the inest invoices you possibly can and if you're more of the reading type you can find the article on invoices below oh and you know what else is in hitting like and subscribe to see the rest of our series ready set goals fortunately invoices are Timeless just like little black dresses so this should be the only rundown you'll ever need but what is an invoice and why would you want to use one an invoice is a document that essentially says to clients you will owe me x amount for this thing it's different from a bill which says you do owe me x amount for this thing and a receipt which says you paid x amount for this typically a business sends an invoice to a client after they deliver the product or service invoices are great because they can help you track how much you're owed how much cash you have coming in and they can even track the Nitty Gritty details such as the sale date invoices are also a professional way to request payment from clients so now that you know what an invoice is what should go in an invoice great question me there are five things that every invoice needs I'll refer to my handy dandy in chart in number one the day's date number two the invoice number number three your business contact and clients info four a description of the goods and services you provided and finally five the terms of payment payment terms specify the amount of time the buyer has to pay for the agreed upon purchase as for the outs almost entirely everything else notes and thank yous are always a nice Personal Touch though you now have the building blocks for a great invoice when it's time to put them together having a system to get invoices into your customer's hands can make your life a little easier keep in mind there are different types of invoices for different occasions and I'm not talking about the fun occasion like Bar Mitzvah or weddings look I don't want to waste your time because unless you're a Rockefeller you're probably not going to need to use every single type of invoice for your business if you don't want me to Rattle a list at you click the overlay to fast forward to the next [Music] section are they gone great you're a real Die Hard respect a pro forat invoice is sent before a product or service is delivered and can help customers understand the scope and cost of an upcoming project interim invoices are for when a large project is built across multiple payments and are sent as progress payments recurring invoices are issued to collect recurring payments from customers credit invoices are for when you need to give a customer a refund or discount you use a debit invoice when you need to increase the amount the client owes a pass due invoice is an unpaid invoice that is passed its due date and finally a commercial invoice is a customs document you'd use when you're exporting Goods thanks for listening to all that now watch this everyone that skipped is about to rejoin us oh you're back we were just having a ton of fun without you back to it no matter what kind of invoice you're making there are a few best practices first write very clear product descriptions second differentiate between purchase orders and invoices sellers issue invoices buyers issue purchase orders and finally offering an online payment op option provides customers with an easy way to pay encouraging on Time payments and getting paid on time is the name of the [Music] game that was a lot of lists but unlike tuxedo T-shirts lists are very in right now now go write some invoices [Music]