Hey there business owners! 💼
Are you tired of chasing after unpaid invoices and keeping track of all the paperwork involved? Well, fear not! Proper invoicing can help you protect your cash flow, maintain good records, and meet your tax obligations. Here are some tips to help you get started:
👉 Set up customer accounts to keep track of who has and hasn’t paid.
👉 Consider using accounting software to manage invoicing and customer sales.
👉 Set up a business bank account.
👉 Get all the necessary details from your customer to invoice them, including their name, address, phone, email, and ABN (needed for tax invoices).
👉 Choose your accepted payment methods and payment terms.