The definitive guide to project billing and invoicing You can turn to a software solution with built-in invoice templates.

You can download ready-made invoice templates.

You can create your own invoice templates from scratch.

When you're a freelancer, there are several ways in which you can approach invoicing your clients:

Commercial invoices - suitable for international shipments.

Mixed invoices - suitable for charging multiple projects through one invoice (in the case that the said projects involve discounts, refunds, and subsequent amount increases).

Debit invoices - suitable for a subsequent increase of the original amount you've already invoiced to the client.Credit invoices - suitable for belated discounts and refunds.Past due invoices - suitable for payments that are past their due dates.Recurring invoices - suitable in case you charge fixed amounts for service packages on a regular basis.Interim invoices - suitable for charging smaller amounts over the course of working on a larger project.Pro forma invoices - suitable for disclosing estimates, before providing the work.Timesheet invoices - suitable for professionals who bill by the hour.Standard invoices - the most common type of invoices that covers the basics, suitable for the majority of industries.The types of invoices, in terms of the data they cover, include: Software solutions with invoicing options - you fill them out online, before storing the invoice data in online electronic records.Invoices created in spreadsheets - you fill them out on your devices manually, before storing their copies in digital folders (may involve built-in formulas, for easier calculations).Invoices created in word processors - you fill them out on your devices manually, before storing their copies in digital folders.PDF invoices - you print them out, fill them out with a pen, and then store their copies in a physical storage space.The types of invoices, in terms of how they are presented, include: In order for a document to be considered an invoice, it must be stated that the said document is an 'Invoice' on the front of the bill.įor easier record keeping and future reference, each invoice should also be stamped with a unique invoice number. The subtotal before the taxes and discounts.Billable rates for the work completed or goods provided.payment due dates, early payment details, and explanations about possible additional charges that will ensue in the case of late payments) The logo of your freelance business (if applicable).Invoices typically outline the following data: How to use a software with invoicing optionsĪn invoice is a time-stamped document that lists and records all transactions between you as a freelance professional and your clients as the users of your services and/or goods.įrom the point of view of the freelancer, the amount invoiced is an account receivable, as it is the amount the freelancer has yet to receive for the role as a supplier of goods and/or services.įrom the point of view of the client, the amount invoiced is an account payable, as it is the amount the client is due to a supplier of goods and/or services that have not been paid for yet.Multipurpose Invoice Templates (Standard, Timesheet, Pro Forma, Interim, Recurring, Past Due).

How to create an invoice template from scratch.Here's how you can speed up the process of creating invoices and make it easier, via our step-by-step guide on how to create invoice templates from scratch, our free invoice templates, and Clockify's efficient online invoicing options. After working hard on a freelance project for a client, it's time that you charge for your work.

Billing invoice template free