An invoice is an official document sent by the seller of a service or product to the buyer. The purpose is to form a compulsion on the buyer to pay, making an account receivable. Accordingly, every small business owner is required to be acquainted with the process of generating an invoice. The procedure is quite simple but it is very important to know that an invoice tells a lot about your business to the customer. It gives customers an idea about the quality of your business. For this reason, a professionally designed and accurate invoice speaks for itself summarizing the fact that invoicing is not only about making payment requests but also presenting your organization’s marketing and branding efforts.
There are several options when it comes to generating invoices; however, with the passage of time businesses have started using accounting software for the purpose as they generate the most accurate, organized and professional invoices. however, still many small businesses use Microsoft Excel and Microsoft Word for making invoices. Lets have a look at the top three popular ways to make an invoice:
There are a range of convenient and user-friendly templates available on Microsoft Excel for making invoices as per your requirements. The procedure is quite simple; however, at times becomes cumbrous. Besides that all you need to do is:
Microsoft Word also offers several adaptable and handy templates for making invoices. This goes well for creating invoices; however, sending the hard copy of these invoices through ordinary postal system can result in an extended turnaround time. On the other hand if you choose to email the word file to your client; you ought to find the best way for your clients to pay you which is usually carried out via third party; for instance, a payment app. However, if you still choose to generate invoices through Microsoft Word; here is the procedure:
An accounting software is the most accurate, user-friendly, convenient and professional way of generating invoices for your business. This is most easiest and precise method as the system automatically generates the invoice in seconds. LedgerMax is one such accounting software that generates the most accurate and professional looking invoices for your business. It allows you to create your invoices expediently and edit and send them from anywhere using your laptop, desktop, mobile or tablet.
This is how Pakistan’s leading accounting software LedgerMax generates error-free invoices with proper description of the products or services sold along with the incorporation of Pakistan based tax laws:
Creating an invoice in LedgerMax is simple and quick – You can easily do this on your mobile phone, tablet or desktop computer. Here’s how:
LedgerMax offers a variety of print preview formats to choose from. So just, select your desired format and you’re good to go!