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 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.

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.

It is common business practice to offer custom pricing via sales quotes based on specific requirements. For this purpose, companies typically issue estimates, quotes, or pro forma invoices. Here’s how to do it in QuickBooks and then convert these documents into regular invoices.

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.

In today’s global economy it is likely that your small business has to deal with expenses based on invoices issued in another currency and language. These documents are perfectly okay as proof of your business costs, as long as they’re allowable. Here are five common issues regarding foreign receipts and invoices you need to pay […]

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