A business exists because it wants to make money. After rendering some services or sale of products, the demand for payment must take place to ensure the continuity of business for any organization. Hence, a company invoice is a very important and essential piece of documentation for an organization that wants to remain in business.
Cash flow must be good and the company invoice ensures that. As the company engages in active sales, the collection must also correspond to ensure good cash flow for the company to thrive.
Hence, a company invoice template would contain 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 company invoice template registers the details of the services rendered in various columns to confirm the transaction:
* Description of Transaction
* Service Fee
The company invoice is actually a billing which the company passes to another company for payment purposes. It can include all the types of taxes that are relevant and related to the transaction.
It can also display the terms and conditions for the payment, such as “30 days’ credit” or “Cash on Delivery”. At the bottom of the company invoice, there may be a line of comment ‘Make your check payable to <Company Name>’ or ‘Cash Terms Only’, depending on the business arrangement between the parties.
Consider the attached sample template for your convenience.