![]() We strongly suggest using a logo in your invoice - the MoneyHub placeholder is there to be replaced with your logo.We assume you'll be accepting payments by bank account, but we suggest reading our PayPal vs Stripe guide if you're looking at accepting credit card payments. Remember - cash flow is king to a business, and the sooner you're paid, the more possibilities you have to grow your operations. As a recap, a 30-day term means if you invoice on 1 March, payment will be due 31 March. ![]() Our template has a standard 30 day due date, but this may not suit your needs. It's your business, so whether you want to be paid in 7, 14, 20, 30, 60 or even 120 days from the invoice date usually depends on your business and client. Important - make sure you set your payment terms. The description is the most important aspect - our design is specific to service-type businesses which don't follow a 'price X quantity' template. I wish you the best of luck - starting a business is exciting, and you can be any age to do it". You're likely setting up your first business - our i nvoice template is designed to help you put your most professional foot forward when it comes to getting paid. To this day, I rely on Xero for every business I'm involved in because the invoices are automated and automatically reconciled. So I put together a professional invoice template to get paid quickly.Īfter leaving investment banking, I co-founded a tech business in 2012 digital invoices were all the rage and avoided the need to populate spreadsheets manually. Then, at university, a students club I co-founded was a prolific invoicer of corporates who eagerly sponsored it. I looked online, built something basic, and kept a record of my clients - invoicing made my lawnmowing business more professional.Īt age 18, I founded another business which was a B2B, and also sent a bunch of invoices. While I knew I'd always be paid, my dad kept telling me to make sure I had an invoice to send them so they could pay. This gives both contractors or company owners and the clients themselves a record of all work performed, making it easier to file taxes and ensuring that all services provided are paid for right away."I started my first business at around 15 when I mowed lawns for Invercargill people going to their holiday homes in Queenstown for summer. No matter how large or small the project is, it’s always considered best practice to send construction invoices to clients immediately upon completion of the work. We make the entire process as simple and straightforward as possible. Clients will be more likely to pay their bills immediately if they are offered a clear timeline detailing payments.ĭon’t be put off by the complexity of creating invoices. The best way to ensure that contractors and business owners get paid quickly is to include both payment instructions and a reasonable timeline for payment. Include the total at the bottom and make sure all the information is laid out as clearly as possible. ![]() This information should be included beneath all required parts and services and should be added to the total that the client is being instructed to pay. ![]() Some localities require businesses to include sales tax on their invoices. Prices for products, services, and labor should be included on each line of the invoice and should all be listed separately. Include details and pricing for any products used in the construction process and any service or labor that has been performed. It’s also a good idea to include the name and contact information of the client, as this will make invoices easier to keep track of and give off a more professional image.Īfter covering the basics, it’s time to move on to the specifics of the job. Start with basic information such as the contractor or business’s name, address, and contact information. Here are a few different elements that all construction invoices should include. Even if they plan on using an online generator like ours, business owners should still try to get an idea of what’s involved in creating an invoice to ensure that all relevant information is included. Those who are new to creating and formatting professional invoices may not know exactly what this process entails. ![]()
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