By Sondra Martin - April 10 2018 11:34:47
An invoice serves several purposes. It is not just the catalyst that gets you paid, although I would venture to say that is the no 1 role, huh?
Invoices are sometimes confused with purchase orders. Purchase orders (POs) are before the transaction, and invoices are after the transaction. Purchase orders record an order by a customer to a vendor or supplier.
An invoice, on the other hand, records the receipt of the product or service and, as noted above, the terms of payment. Purchase orders are used by many companies as part of an approval process. Some companies require purchase orders for products or services over a specific amount.
Every business needs to invoice customers, and particularly with startup businesses, the invoice does not have to be complicated or pretty. This is a free basic invoice template for small businesses that only need simple invoices to bill their customers and/or clients.
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