Invoicing isn’t the most exciting part of managing your company’s affairs, but it’s very important. It helps you speed up the payment process, saves your precious time, keeps your files organized in case of an audit, adds up to your branding efforts, elevates your customer care to the next level, and generally makes your professionalism show.
Because manual invoicing is time-consuming, professionals recommend making use of pre-made invoice templates and top-level invoice software for service businesses. This saves your time tremendously and helps you focus on what’s paramount, i.e., bringing in more business.
In this piece, we’ll cover the service invoice vs sales invoice issue, let you in on the main distinction between the two notions, and explain the basics of how to write an invoice for a service business. Don’t forget that with Saldoinvoice, you are free to access one of the most extensive catalogs of billing templates on the scene.
Meaning of service invoice
The meaning behind this notion is easy to guess. A service invoice is an invoice composed and sent by a service-based business. It itemizes the steps taken within the project that has been completed. Catering or house cleaning is a fine example of an invoice for services. In our lengthy database, you’ll find plumbing, roofing, coaching, interpreter, graphic design invoices, and many more. Basically, whatever template of invoice for services you’re on the prowl for, chances are you’ll find it here.
Below, we’ve rounded up some of the major qualities of a well-designed professional service invoice:
- it should contain all the necessary elements;
- it should incorporate your logo and generally increase your brand awareness;
- it should be clear, straightforward, and completely understandable;
- it should be fully customized to suit your business niche.
Services based business invoicing vs invoicing for goods
Both service and product invoices are considered sales (or regular) invoices. They are very much alike but still have several distinctions. The former, for instance, don’t come with SKU numbers and don’t need inventory tracking. That’s because the services your company provides are not exactly what it has, but rather what it does. Therefore, when providing services to your customers, itemizing the details about the project is vital. By clarifying the services you’ve provided, you make your relationships with clients as transparent and trust-based as possible.
Wondering how to fill out invoices for services businesses? Aside from the services rendered, the file should also contain:
- unique ID;
- your and your client’s name and address;
- all the necessary dates;
- total amount payable;
- your payment terms;
- thank-you note.
The latter is optional, but it’s vital in terms of showing your customers that you care and expressing how much you appreciate your mutually beneficial cooperation. Way too many business owners concentrate on generating new leads and sort of take for granted the already-satisfied clients in their pipeline. With that said, showing your customers how much grateful you are is key when it comes to building and maintaining their loyalty.
To cut a long story short, invoices are a potent instrument in your boost-your-revenue toolkit. They aid you in keeping your business organized and stimulate your clients to pay you faster. Therefore, optimizing the process should be of interest to you. With Invoice Maker by Saldo Apps, you get the chance to automate your billing process and make the most of the best invoicing software on the market. We aim at helping you grow your business and boost your revenue.