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Child Care Invoice Template Film Production Wonderful Machine Split Sheet Large Jpg 1024x1321 Free Babysitting 868x1120 Babysitter Word Seller Invoicing Pending Sample Utility Format

Child Care Invoice Template Film Production Wonderful Machine Split Sheet Large Jpg 1024x1321 Free Babysitting 868x1120 Babysitter

By Viola Woods - March 13 2018 01:23:20

Invoices may be mailed or emailed or faxed to a customer. When a customer pays, the invoice number should be noted on the sales receipt and matched to the sales receipt in your accounting software, so it is clear that the invoice has been paid. The payment takes the outstanding amount out of your accounts receivable account.

An invoice shows the payment that a buyer owes to a seller. From a seller’s point of view, an invoice for the sale of goods and/or services is referred to as a sales invoice. From a buyer’s point of view, an invoice for the cost of goods and/or services rendered is referred to as a purchase invoice.

The usual sections in an invoice include:
~ The date that the invoice was created. Do not forget this! The date of the invoice starts the clock ticking on the customer. If you have terms (a time limit for payment), you want to include the date so everyone knows when the payment is due.
~ Names and addresses of customer and supplier. If you are creating the invoice in accounting software, you may only need the email address of the customer, but it is still a good idea to collect and include the physical address, in case you need to send a real letter or document.
~ Contact names of individuals at the two businesses (or business and individual). It is a good customer relations rule to make sure you spell names correctly.
~ Description of items purchased, either products or services, including prices and quantities. Often you will have standard item descriptions and inventory numbers. But be as specific and detailed as possible, when you create the invoice. This avoids confusion and "I did not know" issues.
~ Terms of payment. For example, the provider might specify "net 30 days," which means that the entire amount is due within 30 days.

Accounting software designed for small businesses can not only be used as POS (Point of Sale) systems and print out invoices on the spot, but make it easier to calculate and keep track of taxes, such as the GST/HST. There are a number of inexpensive, easy to learn, cloud-based accounting packages available for small businesses.

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