Payment terms are typically the same across clients and projects, so, most of the time, they can be reused across all of your professional invoice templates. When payment is due (net-7, net-14, or net-30).Whether interest charges or late fees will be applied to overdue invoices.Whether the client will be responsible for fees associated with payment.How you accept payments (like whether you accept payments online or prefer checks).Payment terms refer to the guidelines and restrictions you set around payments. When invoicing clients, it’s best practice to not only include the total amount due but to highlight it so that it stands out and is easy to identify.īonsai’s invoice template makes the total amount due clear so that clients (and their accountants) don’t have to search to find it. In order for you to get paid, your clients need to know how much they owe you. Regardless of how the information is organized, it should clearly outline exactly what the client is being billed for and how much each line item costs before sales tax, discounts, or other fees. Some invoice templates describe this information in a pricing table while others use a bullet list. Name-based (BruceWayneJanuary, or BWayneJan)Īll invoice templates should have a detailed list of the services you provided and their associated costs.While you can choose to number your invoices any way you like, it’s recommended that you choose a numbering method and stick to it to keep things organized and consistent.įor example, some common numbering methods include: Invoice numbers usually go at the top of an invoice and help you to organize and track each invoice that you send to a client. Professional invoices should always have: 1. When using an invoice generator, there are some elements you should always include regardless of the client or project.

Pro Tip: Use Bonsai’s Time Tracking to automatically track your working hours and convert them into timesheets and billable invoice hours. In this case, you would track the time you spend working for each client during each calendar month and send out an invoice at the beginning of the next month.Ĭonsistent recurring invoices help you to have predictable cash flow and help you to get paid faster by providing clients with regular billing. This will make it easier for you to keep your accounting organized and under control.įor example, many freelancers bill ongoing clients on a monthly basis.

Ideally, you should choose a consistent billing cycle based on the services you provide and the clients you work with. When you send invoices depends on your billing cycle and the projects you’re working on.įor one-off projects, you may wait until a project is finished to bill a client.įor ongoing projects, you may choose to send recurring invoices on a weekly, biweekly, or monthly basis. If you’re a small business owner, you should use invoices to bill customers, track payments, and provide proof of income for accounting and tax purposes. Custom invoices can be used in any industry by a variety of professionals, including:

READ MORE: What is an invoice? Who Should Use a Custom Invoice?Īny part-time, full-time, or casual freelancer or independent contractor who provides professional services to clients in exchange for payment should use invoices.

Additional charges, like taxes or expenses.

Your business name, logo, and brand colors.

A custom invoice is a document that freelancers and contractors use to request payment from clients after they’ve completed work on a project.Ĭustom invoices allow you to create unique invoices for each client and project that include important details such as:

Billing invoice template free