A beginners’ guide for formatting invoices Invoices play a crucial role in business transactions. Invoices are documents that formally outline the details of a sale or service provided to a customer. A properly formatted invoice makes your small business look more professional and encourages prompt payment when payment terms are laid out clearly.  Whether you’re

What’s the difference between pro forma & commercial invoices? Whenever you ship goods internationally, it’s important to understand the difference between a pro forma invoice and a commercial invoice. Both documents are used to track the sale of goods, but they serve different purposes. What is a pro forma invoice A pro forma invoice is

How to send invoices?​ As a small business owner, one of the most important tasks you need to master is sending invoices. An invoice is a document that outlines the products or services you have provided to a customer and how much they owe you.  This article covers how to send invoices, how to ask for payment,

There’s a lot of business jargon when you’re a small business owner.  When it comes to billing customers, knowing what the terms “receipts” and “invoices” mean, how they differ and when to send these documents to clients may seem confusing.   This blog post explores the differences and similarities between receipts and invoices, and how Bookipi

Invoices and statements are common documents for small businesses. But do you know the difference between them, and when to use each one? Bookipi helps you manage invoices and make invoicing reports and statements. Let’s explore the differences between the two. Despite the fact that invoices and statements may look similar, they serve very different

What is a purchase order? As a business owner or manager, you may have heard of the term “purchase order.” But what exactly is a purchase order, and why is it important for your business? This blog post will explain what a purchase order is, why it’s important for managing your business’s purchasing process, and

Accounts receivable (AR) refers to the money that a business is owed by its customers for goods or services provided but not yet paid. As an example, if you’ve issued an invoice to a customer but they haven’t paid you yet, the amount would be included in your accounts receivable. Use Bookipi’s easy-to-use invoicing software

What is a Value Added Tax (VAT) invoice? A Value Added Tax (VAT) invoice is a legally required document for any VAT-registered UK business that makes a taxable supply to another business or customer in the UK. A VAT-registered business in the UK must provide VAT invoices including the amount of VAT charged or paid

How to make a small business invoice With Bookipi Invoice, you can make an invoice quickly and easily. The following steps will guide you through the process. Invoice examples  See an example of an invoice made using Bookipi below.   Steps for making an invoice Step 1:  Sign up for a Bookipi account Sign up for

There is a buyer and seller in every business transaction. The seller may be a freelancer or business that provides goods or services to a customer for a fee.  It’s this transaction that brings up questions. How do you make an invoice? How much money does the buyer owe? What exactly are they paying for?