Join Petrula Vrontikis for an in-depth discussion in this video Invoicing and purchase orders, part of Running a Design Business: Freelancing.
Invoices are the formal request for payment, as opposed to something that needs…negotiation or clarification.…They have ten components; omitting, any one of these can create a snag in the…approval process, and could delay payment.…First, the date the invoice was prepared, then, the name of your client contact……in proper business format, then your invoice number.…The next item is the project name together with your job number.…
…A purchase order or client requisition number if needed.…Otherwise, I just say verbal.…It's good to list the date of the signed contract, or the phase of the project.…The invoice should include the terms of the payment such as 'due upon receipt'…or 'due in 30 days' for example. And next, a clarification of how the work was…transferred to the client or agency'.…This should include 'files transferred digitally' or 'shipped directly to the client.'…Remember, this is a description that will affect how sales or business tax may…be assessed, so be accurate here.…
Include a note as to who the check should be made out to.…
- What is a freelancer?
- Tracking expenses
- Paying taxes
- Understanding business licenses
- Creating contracts and invoices
- Preparing, transferring, and storing files
- Tracking billing and payments
- Managing your work-life balance
Skill Level Beginner
Running a Design Business: Starting Smallwith Petrula Vrontikis1h 33m Intermediate
1. What Is a Freelancer?
3. Agreements and Contracts
4. Professional Practice
5. Organization and Getting Paid
Creating past-due notices2m 47s
6. Long-Term Success Strategies
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