As a freelancer, you’re practically your boss. But don’t think that’s a walk in the park: being your boss comes with many responsibilities.
One of a freelancers’ most important responsibilities is keeping track of their income and expenses. One of the most essential tools for doing this is an invoice.
Invoicing is an essential part of any freelancer’s business. It helps freelancers keep tabs on their income and helps them ensure they get paid on time. However, it would be best if you got it right.
How do you get started on the right foot? If you’re new to freelancing, you might be wondering how to create and send invoices.
In this article, we’ll discuss the best invoicing tools and templates that can help you unlock your freelance success.
Introduction to Freelance Invoicing
An invoice is such a crucial document in the world of freelancing. It is the document sent to a client or customer to request payment for goods or services.
It usually includes the details of the services provided, the amount owed, and the payment terms.
Incidentally, only a fraction of freelancers consciously manage their invoices; others leave it to sort themselves out.
As you might have guessed, a passive approach to invoice management will only become a problem later on: needless to say, Invoices are an essential part of their business, and you should see it as such.
They help them keep track of their income, ensure they get paid on time, and build trust with their clients.
Invoicing can be done manually or through an online invoicing tool.
Manual invoicing requires you to create and send invoices manually, which can be time-consuming.
Online invoicing tools, on the other hand, can help you save time and streamline your invoicing process.
Four Best Invoicing Tools to Try Out
Quickbooks Online is unquestionably one of the most popular invoicing systems used by independent contractors worldwide, and it has many features.
You don’t need to be an accountant or bookkeeper to get the most use of Quickbooks Online; you have to buy the best software version for your company, make any necessary customizations, and start using it.
The PC version and the web version are both options.
For 30 days, QuickBooks Online is free to try out. You can pay monthly or yearly starting at 14 euros ($20) for the Simple Start Plan.
Pricing for QuickBooks Desktop is based on license and annual subscriptions; the least expensive version, QuickBooks Pro, has a one-time purchase price of $299.95.
You can also get reliable invoicing services on Wave Invoicing without getting charged as you process your client transactions.
If you utilize their integrated payment system, they keep a portion of every transaction for every invoice you issue – that’s pretty neat if you ask me.
Wave charges 2.9% + €0.25 per transaction for cards issued outside of Europe, and 1.4% + €0.25 for cards issued in Europe, excluding VAT.
Where applicable, 1% for bank payments – if the account holder disputes a payment transaction, there are two additional fees for processing online payments: a dispute fee of $15 and a return fee of $5 per item.
Although Wave is a web-based service, you may download their iOS and Android apps for mobile invoicing and receipt scanning.
AND.CO is regarded as one of the top products currently on the market if you want a complete and user-friendly solution.
But all that isn’t mere talk. AND.CO is one of the best and easiest solutions available; this invoicing method is excellent for independent contractors.
It automatically generates invoices on your behalf, notifies you when they are seen or paid, accepts payments directly, and notifies you when a payment has been received.
Additionally, the all-inclusive AND.CO package has areas for proposals, contracts, and time tracking and task management for the most observant users.
Regarding invoicing features, Invoicely has everything a freelancer could need, and the most significant part is that if you don’t require anything complex, it’s free.
The free plan offers Paypal payment acceptance, unlimited invoice sending, and billing in any currency.
The cost of the Basic Plan is $9.99 per month. Software that is simple to use and allows for quick, hassle-free invoicing.
Benefits of Using a Professional Invoice Template
A professional invoice template can help you create professional invoices quickly and easily.
Professional invoice templates come with all the necessary fields and sections required for an invoice and are usually customizable.
You can add your branding and customize the template to fit your needs.
What’s more, using a professional invoice template helps you create a consistent look and feel for your invoices.
This makes your invoices look more professional and helps to create a good impression on your clients.
It also makes invoicing easier as you don’t have to create a new invoice from scratch each time and don’t have to pay an expensive designer to create a custom invoice template for you.
Things to Consider When Choosing an Invoicing Tool
When choosing an invoicing tool, you should consider a few things.
First, you should ensure the tool is easy to use and understand. The last thing you want is to waste time figuring out how to use the tool.
Secondly, you should make sure the tool is secure. It’s essential to ensure your client’s information is protected and your invoices are not susceptible to fraud.
Another thing to note is that the tool has features suitable to your needs.
If you’re a freelancer, you might want to look for a tool with features like reminder emails, recurring invoices, and multiple payment options.
Finally, make sure the tool is affordable and offers good customer service.
It’s essential to ensure you get good value for your money, and good customer service can help you if you ever have any issues with the tool.
Invoicing is an essential part of any freelancer’s business. It helps freelancers keep tabs on their income and helps them ensure they get paid on time.
But if you’re new to freelancing, you might be wondering how to create and send invoices.
That’s why choosing the right invoicing tools and templates is essential to help you unlock your freelance success.
Using a professional invoice template can help you to create professional invoices quickly and easily, and it can help you create a consistent look and feel for your invoices.
When choosing an invoicing tool, you should ensure the device is easy to use and understand, secure, has features suitable for your needs, is affordable, and offers good customer service.
If you’re looking for the best invoicing tools and templates to help you unlock your freelance success, this article could help you immensely.
Unlock your freelance success today with the best invoicing tools highlighted above.