An invoice is a document that specifies what a client must pay the seller for their goods or services. If you’re a tradie who has repaired a building or a cafe owner that has catered for an event, it’s likely that you’ll need to send one. What’s the difference between...
If you’re in the service industry and provide your time, skills, and materials to clients, then it’s likely that sooner or later, you’ll be asked for a quote. Quotes or estimates may also be used if you sell products, such as shipping supplies, to customers. Perhaps a...
If your business is like most, you spend a lot of your time creating and sending out invoices to your clients. Of course, this is the basic operation which gets you paid, keeping your business successful and your cashflow high. Unfortunately, invoicing can be...
Throughout your business life, you’ll likely have trouble with unpaid invoices and bad debts. In certain circumstances, you’ll need to have these bad debts written off for tax purposes. So, when can you write off a bad debt? Typically, a larger business gets their...
A price quote is a way of pre-informing a customer or client what they should expect to pay for your goods or services. If a customer wants to buy several products from your business or engage your services, you can quote them on what it will cost beforehand, so they...