A pro forma invoice is an initial sale document that includes a price quote, payment details, and other essential info on the future transaction. Businesses send pro formas to potential clients as a request for payment when the sale is likely to happen. This short guide will walk you through everything you need to know […]
Invoices are arguably the most common documents related to B2B transactions. They’re used to reclaim VAT, claim business expenses, and as evidence for the amount of taxable income. And thus, all budding entrepreneurs must educate themselves on what commercial invoice elements are crucial for these purposes.
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.