![]() ![]() ![]() Unlike invoices, statements are typically sent or made available at certain intervals. ![]() What’s a statement?Ī statement is a document outlining all outstanding unpaid invoices (or bills) for a certain customer. When you understand which one to send and when, collecting payments becomes just that much easier. Certain apps and invoicing software make it simple to create, sign, and share statements and invoices. Discover the difference between a statement and an invoice, plus learn how to digitally send them. When you use statements and invoices correctly you can not only make your business more efficient, you can also make collecting customer payments faster and easier.īusinesses need to send statements and invoices to customers, and sometimes even to third-parties. For more information, please see our Privacy Policy Page.Statement vs. Our affiliate compensation allows us to maintain an ad-free website and provide a free service to our readers. This can affect which services appear on our site and where we rank them. While we strive to keep our reviews as unbiased as possible, we do receive affiliate compensation through some of our links. Our mission is to help consumers make informed purchase decisions. Clarify all fees and contract details before signing a contract or finalizing your purchase. For the most accurate information, please ask your customer service representative. Pricing will vary based on various factors, including, but not limited to, the customer’s location, package chosen, added features and equipment, the purchaser’s credit score, etc. (Wave's free invoicing app also lets you send invoices and accept payments on the go.)ĭisclaimer: The information featured in this article is based on our best estimates of pricing, package details, contract stipulations, and service available at the time of writing. Need a little less than full-fledged accounting software but more than a simple invoice template? Wave and Zoho Books both offer free invoicing-only software. All three templates are easy to customize and print or email, but they come with zero bells and whistles: you can't accept payments through the invoice or send customer reminders. If you've just started a freelance gig and aren't quite ready to commit to accounting software, you can download an Office 365, Google Docs, or FreshBooks sales invoice template instead. Depending on your software, customers can even use payment portals on the invoice itself to make a payment. Accounting software typically includes payment gateways too, which means you can accept customers' invoice payments online. Most accounting software includes an invoicing feature, so if you already use an accounting solution like QuickBooks Online or Xero, you can just launch the software, find the invoice feature, and get to work. (It always pays to have physical evidence in your corner if either the IRS or a disgruntled client comes calling.)
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