As a freelancer or contract worker, you need to make your invoices as simple, clear and direct as possible. That way, your clients are more likely to action your payment sooner, and your accountants will take less time in preparing your tax return at the end of the fiscal year. However, lots of people make a mess of their invoices, so to help you not follow in their footsteps, we’ve identified two top tips for creating great invoices.
1. Check, double check, and triple check
You must make sure that you check all of the information on your invoice at least three times. That way, you can minimise payment errors, and reduce the amount of time that your accountants will need to spend working through them when helping you with your taxes.
2. Keep everything organised
One of the most important things about preparing your invoices is deciding on a system for storing them. It’s a good idea to think about this before you decide on an invoice template, as you can then work this system into the design. Try putting an ‘invoice number’ section somewhere on your invoice, which will be used for your purposes only. You can use these numbers to sort them on your hard drive. In addition, doing this will make it easier for your accountants to work through them.