How to create professional invoices as a mechanic
Your customers trust you to fix their cars, but when
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 purposes. Statements provide an overview of all your transactions with your customer, while invoices are used to request payment for a specific transaction.
Statements are used to keep customers informed of their balances and make sure payments are up-to-date. Invoices are typically issued after a sale.
With Bookipi’s easy-to-use invoicing and accounting software, you can create and send professional invoices and statements with just a few clicks. Our software automatically generates invoices based on the products or services that you’ve provided. You can also create customized invoice statements.
By using Bookipi to manage your invoicing and statements, you can save time, reduce errors, and improve your cash flow.
What is the difference between a statement and invoice?
Can I use a statement as an invoice?
Despite the fact that statements and invoices serve different purposes, sometimes statements can be used as invoices. As an example, you could include the details of a specific transaction on a statement and treat it as an invoice if you have a long-standing relationship with a customer. It is generally better to use invoices for individual transactions and statements for summarizing multiple transactions.
What’s the purpose of making statements for client work?
The purpose of statements is to provide an overview of all transactions between you and a customer over a period of time. They help customers keep track of their outstanding balances and ensure that they’re up-to-date on their payments. Statements can also be a helpful tool for you as a small business owner, as they allow you to easily track your revenue and see which customers have outstanding balances.
Should I make invoices or statements for my small business?
For requesting payment for specific transactions, invoices should be used and statements should be used for summarizing multiple transactions. Statements are typically issued on a regular basis, such as monthly or quarterly, while invoices are usually issued after a sale. Depending on your needs and the preferences of your customers, the best approach may vary for your small business.
Create and send professional invoices and statements with just a few clicks using Bookipi. You can also generate quotes, estimates and get paid from the easiest small business solution to streamline your sales process.
The easiest invoicing & reporting solution for small business
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