The main purpose of a business is to generate profit. To achieve that objective, a business needs to offer products and services that are attractive to others who would want to buy their products and services. Only then can a business make profit and stay fluid. It needs to be able to collect the payment for its products and services given out to its customers.
Hence, a business invoice is required. A business invoice is the important document that allows a company to demand payment in a courteous manner from those that desire its products and services. When the payment is collected, a company can continue its business and is deemed viable if there is profit.
A business invoice template may record the following information:
* Company Name & Logo
* Company Address & Contact
* Customer’s Name & Address
* Customer’s Contact Information
* Invoice Number
* Billing Date
The body of the business invoice template lists down the information to prove the business transaction already happened. It can have the following columns of information on the transaction:
* Cost per Hour / Item
* Service Tax
At the bottom of the business invoice, there may be special notes to the recipient or payee such as terms and conditions for the payment, like “30 days’ credit” or “Cash on Delivery”. It can also state how to pay the company by check, as in “Make your check payable to <Company Name>”
Consider the attached sample template for your convenience.