What to Do When the Client Doesn’t Pay an Invoice on Time? Use invoices for your company’s financial transactions. You may be too acquainted with the frustrations of late payments and a complete lack of Payment. Misplaced bills and unanticipated costs are only two of the numerous causes of late or nonpayment of invoices by… Continue reading What to Do When the Client Doesn’t Pay an Invoice on Time?

A Step-by-Step Guide for Making a Commercial Invoice A commercial invoice is an essential document that contains various detailed business information. Your export can be terminated if even one piece of information is missed. So, before creating a commercial invoice, you must be aware of the information needed. Here is a detailed guide to creating… Continue reading Commercial Invoice for International Shipping: Everything you Need to Know

Key Takeaways:  Timely invoice payments are vital for maintaining cash flow and avoiding penalties, both for vendors and clients. The use of Invoicing Software like Moon Invoice streamlines invoicing, offers payment links, and automates reminders, making it easier to send and pay invoices on time. Steps like verifying invoice details, knowing due dates, and choosing… Continue reading How to Pay an Invoice in Easy Steps?

How to Make an Invoice from a Word Template? 5 Easy Steps You may customize the Word invoice templates to meet your company’s demands and spare yourself the hassle of manually creating the format from scratch. The detailed instructions for creating an invoice using a Word template are provided below: 1. Select an Invoice Template… Continue reading How to Make an Invoice on Word? Major Advantages and Disadvantages

What are Billable Hours? Most of the hours spent working on projects that are directly connected to your customer are considered billable hours. Because people in many professions bill for their labor, the word “billable hours” can occasionally be unclear. For instance, it might be claimed that freelancers and building contractors put in roughly the… Continue reading How to Calculate and Increase Billable Hours for your Business?

Key Takeaways Clear payment terms help contractors avoid delays. Most delays happen because of vague or missing terms. Outlining when and how clients should pay makes a big difference.  Common contractor payment terms include Net 30 and cash on delivery, with penalties for late payments to encourage timely payments.   Stating the preferred currency and offering… Continue reading What are Common Contractor Payment Terms?

How to Invoice as a Contractor? A Contractor Invoice needs to be formatted appropriately since contractors operate on a variety of projects, each of which has its own unique set of invoicing conditions and schedules. On Contractor Invoices, the business details, the billing information, the services supplied, the payment terms, payment method, and any number… Continue reading How to Write an Invoice as a Contractor?

What is Invoice Financing? Invoice financing allows small business owners to get a cash advance on their unpaid bills to customers. Accounts receivable financing, or invoice discounting, is another name for this form of a company loan. Your outstanding invoices are used as collateral when you get invoice financing. In this sense, invoice financing may… Continue reading Guide to Invoice Financing: Types, Pros, and Cons

What is a Mobile POS System? Mobile Point-of-Sale (mPOS) systems are hosted in the cloud and may be accessed through a tablet or mobile device. Mobile POS systems that are cloud-based need just a device and an internet connection to function. Sales may be processed on the go with the help of a mobile point-of-sale… Continue reading A Complete Guide on Mobile POS System