QUICK INVOICE TEMPLATE HOW TO
QUICK INVOICE TEMPLATE PRO

For example, a freelance developer who works on retainer might send a recurring invoice to their clients every month. Recurring Invoice: Recurring invoices are invoices sent on a consistent schedule, often monthly, for on-going work or product delivery. A final invoice should include payment terms, the due date, payment types, late fees, and any other information clients need to submit payment. It may be a follow up to a deposit invoice or sent on its own. For example, a content marketer might break down the hours they spent on strategy, writing, editing, and outreach.įinal Invoice: A final invoice is a paper or electronic invoice sent after the work is complete or products are provided. It might include a breakdown of what work was completed during specific time frames or varying hourly rates. Timesheet invoice: A timesheet invoice is often used by freelancers that work on an hourly basis. It's also common for freelance writers and web designers to require a 50% deposit before beginning work. For example, an artist might send a deposit invoice for the materials' cost before they begin working. It helps clients understand what to expect and may secure partial funds before work is completed.

QUICK INVOICE TEMPLATE PRO

They are ideal for freelancers, making it easy for clients to pay digitally with credit cards or other electronic payment forms.ĭeposit Invoice: A deposit invoice, sometimes also called a pro forma invoice, is a bill sent before services or a product is delivered. They are ideal for physical products and businesses that meet with clients or customers in person.Įlectronic Invoice: Electronic invoices include the same information as paper invoices but are delivered electronically through email or another digital system, such as PayPal. Paper Invoice: A paper invoice is exactly what it sounds like - a physical, paper invoice that includes information about when the sale occurred, what payments are accepted, and the due date.

Here are the most common types of invoices. Simultaneously, a freelance designer might send a deposit invoice before work is completed and then a final invoice after files are delivered.ĭepending on your business, you might use a timesheet invoice or recurring invoice.īefore settling on the right type of invoice for your business, it's important to understand all the options. A small brick and mortar store, for example, might send paper invoices after services are rendered. There is no one correct type of invoice that will work for every business. What are the Different Types of Invoices? It starts with choosing the right type of invoice. So, how do you create an invoice that encourages clients to pay and makes tracking sales easier? When invoices are poorly designed or lack key information, it can lead to back and forth with clients and delay payment. They outline payment terms and the types of payments you accept, which can reduce billing questions, so you get paid faster.īut not all invoices are created equal.

QUICK INVOICE TEMPLATE HOW TO

They can encourage clients to pay on time by clearly outlining when payment is due and how to pay.

They track sales and can be used for accounting purposes.

They establish you as a legitimate business owner by showcasing your branding and professionalism.

For freelancers, invoices are essential for several additional reasons, including:

Quick invoice template