

If you haven’t heard from your customer after sending an invoice, follow up with payment reminders.


As tax time rolls around, invoices and payment records will help you quickly round up income data for your accountant. Having detailed customer invoices also helps you avoid disputes with clients about what they’re paying for and when.
#AMEX INVOICE SOFTWARE#
Good billing and invoicing software makes it easier to send invoices, receive payments and see helpful reporting so you are aware of overdue invoices and know who owes you, how much they owe and when they should have paid you. Implementing good invoice habits and a billing process helps ensure you’re not sitting on a bunch of unpaid invoices and minimizes the need to maintain records of late payments for you to follow up on. What you don’t want is to have a slew of business invoices that are not getting paid: The average small business is waiting for about $5,000 in overdue payments every month. When small business invoices are done correctly and professionally, sent promptly and followed up on regularly, your cash flow will be healthier. After all, business invoices are the first step in generating the income your business needs to run smoothly – not to mention help you pay personal bills like mortgages and health insurance. Preparing invoices might be one of the most important tasks you perform as a small business owner.
#AMEX INVOICE HOW TO#
How to Make Invoices for Your Small Business
