If you need to create an invoice, but you’re not sure where to start, we’ve created a pack of blank templates in three different formats – PDF, Word and Excel – including options for VAT-registered businesses. Invoices can also act as a legal document in the case of overdue or missing payments, as they are a binding agreement between the seller and customer.Īlmost any industry can use an invoice, but they are mostly used by service-led industries and consumer industries that buy large quantities of stock. Invoices are a key document for bookkeeping and accounting – they’re required as proof of income for tax purposes. And it will usually include the date of purchase, the quantity, the price and the payment terms. It shows a break down of the purchase, usually through a detailed, itemised list, of services or products that have been supplied. What is an invoice?Īn invoice is a bill that requests payment and records a transaction between a seller and buyer. You’ll also find a downloadable, free invoice template that you can edit with your own business information. Whether you’ve never made one before or you’ve been doing business for a while and want to double check your invoices are correct, this guide runs through what they are, the various types and how to make one. Making and sending invoices is one of the less glamorous (but arguably most important) parts of running a business.
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