Being a freelance video editor has many perks. The power to decide your workload, flexible work hours, freedom to choose the projects that interest you and good pay are just some of them. However, being a one-person company also means that you are responsible for everything from finding clients to creating contracts and freelance video editor invoice templates.
Invoicing is one of the most crucial aspects of any freelancer's job. After all, no one wants to work for free. The invoice is a way to ensure that you get paid on-time and in full. Creating an invoice may seem a bit daunting at first. But it is a breeze once you get the hang of it.
There are two paths that you can take here - either create an invoice from scratch or use a freelance video editor invoice template.
While it is not difficult to create an invoice from scratch, if you are not careful, you can miss out a few details that can potentially hamper the payment process. An invoice template will have all the necessary sections and all you need to do is fill in the details.
It makes the invoicing process simpler, and you can also devote the time that you would have spent creating the invoice from scratch towards your pending projects. Most freelance video editor invoice templates follow a standard format that can be easily understood by the clients as well.
While there are many templates available on the internet, make sure that the one you choose has the following sections to avoid any regrets later.
You and your client would have agreed upon the scope of the project in the contract itself. The invoice should reiterate this. By including it in the invoice, you and the client can avoid any confusions.
You need to list out the tasks, in accordance with the contract. This way, the client cannot claim that you did not perform a particular task or charged him/her for something you did not do.
Your freelance video editor invoice template should state the cost of everything involved in the video editing task. You should specify your hourly rate and the number of hours spent on the project. If you needed to rent or buy any additional equipment or software for the project, then the invoice should list the cost of these as well.
While there are many ways of sharing the final edited video, if the client also requests for storage and preservation, then you should include the charges for those as well in your invoice. Merely stating the final amount can always lead to questions from the client. It is always better to be clear upfront and list out every charge that added up to the final amount.
If you delivered the final product in parts, or if there were steps involved in the project, then be sure to mention this in the invoice. If you received the payment in parts, then specify the dates of these payments and the balance amount due.
Every freelancer is aware of the excruciating wait between completing a project and waiting for the payment. Mentioning the expected payment due date is a good way to remind the client to pay you by a fixed date.
The date does not have to be immediate. Offer the client some time to process things at their end. The expected due date for the payment can be two to six weeks from the date of the invoice.
You can mention your preferred payment modes in this section. It is always better to offer at least two options for the client to choose from.
Looking for a freelance video editor invoice template that covers all of the above? You can download a comprehensive and complete invoice today.