Invoices come in many different forms and businesses can design their template in a way that works for their specific business needs. Our sales invoice template allows you to store basic information including customer name and address, shipping address, shipping costs, item description and quantity, total order amount and additional comments or details. Whatever your terms, just make sure that they are clearly communicated to your customers as early as possible, and preferably in writing, to avoid any issues down the road. For services, you’ll usually get paid within a certain timeframe after you deliver your services, although it is not unusual to ask for a certain amount in advance, or to ask for stage payments.

For products, you’ll usually get paid at the time of the order.

Stage payment - Payment of agreed amounts at stageĪs you can see, there are many different ways you can accept payment, and how you do so is up to you and your customers. Net 60 - Payment 60 days after invoice dateġ% 10 Net 30 - 1% discount if payment is received within ten days otherwise full payment is due 30 days after invoice dateĬash account - Account conducted on a cash basis, no credit Net 30 - Payment 30 days after invoice date Net 10 - Payment ten days after invoice date Here are a few common payment terms that may be helpful to know:

Payment terms are the conditions under which you (the seller or vendor) expect to be paid. If you use an e-commerce site like Shopify or Squarespace or accounting software like Quickbooks, your receipts will probably be generated automatically upon payment. The receipt is always issued by the seller and given to the buyer. A sales receipt is the customer's proof that a purchase was made and it acknowledges that the seller has been paid for goods or services.

Po number invoice