![]() Refrens is not only for invoicing it is a complete tool to manage your finances. ![]() So, having proper invoicing software for your business not only helps to create invoices but also helps in managing all the data in one place without searching for each file.Īt Refrens, you can manage all your invoices, expenses, your client, and payment details in one place. When it comes to the above tasks both Word and Excel fail. You want to know your earnings for the month or year. You want to know which invoices are paid, unpaid or partially paid. When you are running a business, not only you have to create invoices but also have to maintain the client data, invoices, different reports like TAX, TDS. Invoices created through Excel don't look attractive and lack professionalism even when using professional invoice templates. However, Excel also has a huge drawback of professionalism. You can also make your own formula to create a predefined invoice. Whereas some use Excel or Google spreadsheets to create one and there is a huge benefit to using Excel as it can easily calculate taxes like TAX, TDS with its automatic formulas. But it is always harder to calculate taxes like TAX, TDS, or any other additional charges associated with it. Some people use Word or Google Docs to simplify the invoicing process because you can create quite good-looking invoices from MS Word. Either way, it is advantageous for you as you will receive your pay no matter what.Having a small business or service agency or being a freelancer, it is very hard, time-consuming, and cumbersome when you try to create invoices through Excel, Word, Google Sheets, or Docs. If this option won’t work, you can offer a payment plan depending on your customer’s capability to pay. For the stick, indicate penalties for those who cannot pay in the said payment date. For the carrot, you can offer incentives, discounts, or coupons to those who pay before or on time. There are instances wherein your customer is not capable of paying, thus you can use the carrot and stick combo. For its design, you must include your company’s logo, brand color, invoice number, due date, and personal message. Make a sample invoice out of these ideas and judge whether you wanted to keep it or not. A poorly designed invoice can cause confusion to customers, so design it professionally. It might hard to believe that the design of your invoice matters, it does. It is an effective way to make your clients pay in the said date as they would feel the urge to settle their transactions immediately. Set your payment policies with short terms. You set the goal to prioritize your customers at all times, so make the policies plausible for them. You can indicate payment terms, like credit cards, electronic funds, cryptocurrencies, and more. In that way, you can please them to pay on time as they have various options on how to pay. But if they do, they can easily reach out to you as you have given you enough contact information.Īs you make your invoice, you need to bear in mind that you wanted to please your customers, so make it better for them by indicating flexible payment terms. In that way, this would avoid questions or concerns that your client might have. You need to indicate important information that your client must be aware of. ![]() ![]() ![]() So, if you wanted to make an invoice- whether freelance, self-employed, or corporations- here are some basic tips that you can follow in creating your invoice.Īvoid presenting a blank invoice and indicate every information that you need to put. This dilemma would greatly affect your business, so you must avoid it by making basic invoices. How to Make a Basic Invoice in Microsoft WordĪccording to a survey, 49% of small businesses find it hard to follow payments and 46% of them are not getting paid in the said payment date. Excel in your business by downloading this template now! Moreover, it has a beautiful and original layout that you can effectively utilize. Our file has 100% customizable, easily editable, and printable features that you can enjoy in Microsoft Word format. So, to avoid lawsuits, have an invoice for your business by downloading this comprehensive and professionally written Basic Invoice Template. Aside from businesses that can improve their cash flows through invoices, they also serve as businesses’ legal proof of transactions. One of the essential elements of any business is invoices. ![]()
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