As a small business owner, bookkeeping is something that you want to make sure you are staying on top of. One of the fundamental parts of bookkeeping has to do with invoices that you give to your customers and clients. Of course, you will be including the money that they owe you and whether or not they paid, but it is important to understand that there is other information that you want to make sure you aren’t leaving out. Propel Your Accounting is here to talk about some of the information that you want to make sure you are including on each and every invoice that is generated for your small business.
Items to Include on a Customer Invoice
There is information that you want to make sure you have on each of the invoices that you send out to customers and clients. Here are the things that you need to include:
– Company Information: Whenever you are creating an invoice for someone, you want to make sure that your company information is clearly stated on the invoice. This would include information like the name of the company, the address, the telephone number, and an email address. This gives your customers the information that they need should they have a need to contact you in the future.
– Client Details: The information for your client or customer should be on any invoice as well. Sometimes, you may be working with a company, and others will be with individuals. Whichever it may be, make sure their contact information is also included for record’s sake. You may not have all the same details that you list for your company, but you should have all the contact information included that has been given to you.
– Invoice Number: Each invoice that you create should come with its own, unique invoice number. This is vital when it comes to bookkeeping. A sequential system is definitely recommended to help you keep it all straight. This will allow you to check on the status of an invoice rather quickly.
– Dates / Services Provided: Another important piece of information is the date of the service that was provided as well as the service itself. As far as record keeping goes, this is a vital piece of information.
– Amount Owed / Payment Details: Finally, you will want to include the amount that is owed by the person or business as well as the payment details that they give you. This is valuable information for both yourself as well as the clients that you’re working with.
Bookkeeping, Accounting, Business Consulting & HR / Admin Services in the United States of America
If you have a difficult time with bookkeeping for your small business, you can turn to Propel Your Accounting for the bookkeeping and accounting services that you need. We will help you keep all the information organized and accurate to help with business growth as well as taxes. Call us today!
