By On Aug 13, 2019 Invoice Templates
When you agree with the client on the terms of your work and sign a contract, you should list out how often you plan to invoice and when you should get paid. For instance, for recurring work, you might agree to bill on the first of each month, or biweekly so you get paid every other Friday. For one-off assignments, the most common practice is to invoice after the work is complete. However, if you are unsure, you might simply ask your client, Is our work complete? Shall I send an invoice your way? For big freelance jobs, such as assignments where you and your client have agreed upon a fee of $1,000 or more, you might invoice several times throughout the project. For example, you might invoice for half the fee at the beginning, then half when the project is complete. Or you and your client might agree to milestones that warrant payment, such as finishing an outline for a long project, or completing a draft of the work. When to invoice is really up to you — just make sure you and your client agree on this before you start the work.
Managing your invoices with accounting software lets you focus on growing your business. Not to mention it helps make tracking your invoices a whole lot easier. Have you ever sent out an invoice and then wonder, what happens now? More importantly, how do you know if a payment is on its way? Consider switching your invoicing to the cloud to reap the many benefits such as improved tracking and added convenience of having all your invoices in one place. Choose accounting software that lets you customize your invoicing options according to your brand. No design background? Just have not got the time? No problem. Dealing with invoices might be among your least favourite tasks while running a business, but it does not have to be! Use accounting software to help handle and manage your invoices and streamline your invoicing process—so you can get paid that much faster.
Invoice Ninja is an excellent web tool for freelancers and small business owners who have more complex needs beyond simple hand-crafted invoices. As a free user, you can manage up to 100 clients and unlimited invoices, plus advanced features like time tracking, auto-billing, branded invoices, direct payment integration with over 40 gateways, and the ability to accept deposits and partial payments. However, invoices have a Created by Invoice Ninja watermark. Upgrading to the $8/mo plan increases your max clients to unlimited, grants access to 10 professional invoice templates, a custom Invoice Ninja URL where clients can view and pay invoices, the ability to create custom invoice and auto-reminder emails, and much more. Invoicely is similar to Invoice Ninja and serves the same kinds of users, freelancers and small business owners who deal with complex accounting needs beyond simple invoices. One of the more advanced features is the ability to manage multiple businesses with multiple team members and clients for each business, which comes in handy for serial entrepreneurs. You can also receive payments online directly to your invoice, which Invoicely uses to auto-update an invoices paid status. Free users get unlimited clients and invoices but none of the notable advanced features, and generated invoices are branded with the Invoicely logo. For $9.99/mo, you get features like time tracking, taxes, mileage, customized branding, and online payment methods other than PayPal.
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