Creating invoices is part and parcel to doing business. It also plays a significant role in inventory management. In the spirit of being comprehensive, this Whiteboard Wednesday video goes through what an invoice contains and how to make one.
Here are some of the bits of information that need to be included in an invoice:
Company name – To identify who is providing the product(s)
Date – The day the invoice was made
Invoice number – For tracking purposes
“Bill to” and “ship to” addresses – Sometimes they’re different, especially when working with other businesses
Purchase order number – Very important in Fishbowl
Payment terms – Which you and your customer need to decide on before completing the sale
Shipping date – The day the order was shipped to the customer
Of course, there are other parts, such as spelling out the items being ordered, their quantities, prices, and a few more things. James Shores talks about all of them in the video above. Check it out!
Robert Lockard is a copywriter with Fishbowl. He writes for several blogs about inventory management, manufacturing, QuickBooks, and small business. Fishbowl is the #1-requested manufacturing and warehouse management software for QuickBooks users. Robert enjoys running, reading, writing, spending time with his wife and children, and watching movies.