By Sandra HolzOn Sep 27, 2018 Resume
Some businesses offer a discount to customers who pay early or on time to help steer them towards payment. Others set up an automated email response to let their customers know as the due date for an invoice approaches or reminds them to pay when the outstanding balance becomes past due. You have to put some thought into your invoicing routine. Simple cobbling together a bill of sale is not the best idea – sure it’s easy enough considering everyone has a word processor on their computer. But making smart use of invoicing practices and implementing a few of the latest cloud-based tools will help you get paid on-time, every time.
Stripe provides two types of invoices based on the frequency of payments. It can be a one-time charge or an amount that a customer has to pay on a regular basis, like a subscription. In both cases, the software creates a Stripe invoice every billing cycle. To make it even easier, we’ve provided many basic free invoices. In addition to the simple ones, we’ve created more than a dozen other templates to meet any business need. Let’s have a look at some of them, and by the way, they can be customized to fit your needs.
Unfortunately, simply administering an invoice is not a guarantee that you will get paid. To ensure payment, you need to be aware of some invoicing best practices. The simple truth of the matter is that your customer may just forget to pay your invoice. To plan ahead, we suggest developing a tactful follow-up plan to get paid before things go awry.
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