Invoices are arguably the most popular documents that businesses use to request payment and document B2B transactions. While you may think that nobody uses spreadsheets for invoicing, in fact the opposite is true. Here are six free invoicing tools that you should use instead of Excel and Google Sheets.
You might have noticed that most invoices include sequential numbers typically referred to as a document or invoice number. Invoicing software put numbers on documents by default but are they really necessary? Here’s what you need to know about invoice numbers.
Invoice data capture is a must-have solution for many businesses in the finance industry, from online payments, to bookkeeping, to even banks. There are a few viable options to consider when selecting the right data capture solution to meet your requirements.
Documenting sales and payments may be tricky for amateur accountants due to several options that QBO gives you. The most often confused transaction types are invoices, sales receipts, and payments. Let’s look at the differences between these documents and when to use them.
One of the critical cashflow challenges is ensuring that payments happen on time by specifying and enforcing deadlines. Here’s what you should know about common invoice payment terms that you can put on sale documents, including whether or not these terms are legally binding for customers.
If your business deals with a lot of transactions, it can be easy to lose track of receipts or invoices. Whatever method you use to store your records, corrupt files, poor filing systems or forgotten bits of paper can all lead to missing business receipts or invoices. So when you’ve exhausted your search and still […]
In case of a tax compliance check, tax auditors are likely to verify whether or not all expense-related documents are in order and contain the relevant information. The most common expense documents are invoices and receipts. Here are the main differences between these two types of tax records.