Bookkeeping
What Is Invoice Factoring?
Are you running a small business? Do you sometimes worry about money? Let’s talk about something called invoice factoring. It's a way to get your money faster.
How to Send an Invoice
You know that managing finances can be a bit of a puzzle. But here’s the good news: learning how to send an invoice doesn’t have to be complicated. In this article, we’re going to break down the process of invoicing into easy, manageable steps. First, we’ll explore how having a solid invoice process can significantly speed … Continued
The Invoicer Report – 2023 Year in Review
Well, that’s (almost!) another year in the books. Throughout 2023, you along with many other small business owners used Invoice Simple to easily create the estimates and invoices that got you paid quickly. In fact, Invoice Simple users like you created 22 million invoices this year! This December issue of the Invoicer Report looks at … Continued
The Invoicer Report – August 2023
Welcome to the latest issue of the Invoicer Report. We’re rounding up the most current news and resources that’ll make invoicing your clients a breeze and get you paid quickly. Filled with new feature highlights and links to recently published articles, the Invoicer Report is your one-stop shop for keeping up with all the latest … Continued
How to Keep Track of Invoices & Payments: A Comprehensive Guide
Among many crucial business practices, learning how to keep track of invoices and payments emerges as mission critical. Recent statistics reveal that 11% of customers never receive their invoices, with 35% of unpaid invoices remaining for over 30 days. These numbers underscore the importance of invoice monitoring, as it safeguards revenue streams and fosters financial … Continued
What Is a Proforma/Pro Forma Invoice?
A pro forma invoice, also known as a proforma invoice, is an invoice draft that business owners and freelancers can send to customers before beginning a project or asking for payment. A proforma invoice is not a bill; it is simply a way to calculate and notify the customer of the cost of the order … Continued
Invoice vs. Bill: What’s the Difference?
Life as an independent contractor or freelance business owner can be hugely rewarding. You are your own boss, you set your own work schedule, and you have the flexibility to spend more time with the people that matter most. However, it doesn’t come without a series of challenges salaried employees never have to face. One … Continued
What is a Tax Invoice? Features & When to Use One
Independent contractors and freelance business owners in the US and across the globe must issue tax invoices from time to time. If you’ve never prepared one before, this can be a daunting task. The good news? Navigating tax invoices doesn’t have to be complicated or time-consuming. In this article, we’ll explore what tax invoices are, … Continued
What Is Invoice Reconciliation?
Independent contractors and freelance businesses chart their own financial courses. That means you must be in control of your finances and their accuracy. A big part of such a process is invoice reconciliation. To ensure you follow all the rules (local, state, national, international), you’ll want to establish processes for your finances. In this post, … Continued
Unpaid Invoices: A Simple Guide For Freelancers & SMEs
We recently highlighted the vast amounts of money lost to freelancers and SMEs each year due to unpaid invoices. A 2017 study by Fundbox estimated that small businesses in the USA are owed $825bn, while in the UK SMEs are due £67.4bn (and rising). So if you’re a freelancer or SME struggling to get paid, … Continued
