A critical goal of every small and medium-scale business is to get paid on time. You can access free invoicing templates to fulfill your business's accounting purposes using Sage.
However, have you ever thought about what it would feel like to manage your company with a tool that improves its orderliness and ensures effectiveness? that is where Bonsai comes in.
As a freelancer or small business owner, the Bonsai invoice template generator offers you a set of free templates that you can always customize according to your industry's standards.
Whether in the franchise, non-profits, or service industries, generating custom order forms, proposals, contracts, or any other template you need to run your business with Bonsai is easy.
What's more to know about improving your business with Bonsai? Find out in this piece.
Benefits of Creating and Sending a Sage Invoice with Bonsai
Depending on the nature of your business, you want to use a tool that contains essential data needed to customize invoices, keep track of your projects, prepare receipts, and set up payment systems.
The world is constantly evolving, and Bonsai will ensure that your invoice templates feature the exact details and help you impress your clients.
That said, here are more advantages of using Bonsai invoicing software to create invoice templates and forms for your business:
- Allows users to customize invoice templates for over 200 industries
- Fastens the payment process by helping you set up your preferred currency and payment method.
- Features follow-up messages and reminders to clients whose invoice is overdue.
- Permits partial payment
- Enables you to receive payment notifications
- You can choose different categories for your products and services.
- Easy creation of business reports
How to Produce an Invoice for Sage Using Bonsai Invoicing Software
A suitably formatted invoice template could be the game-changer you need for your business. Are you ready to incorporate Bonsai's invoicing software into your business and access the above benefits? if so, below is a simple way to go about it:
Visit and Login to the Website
If it's your first visit to the website, you would be required to sign in. But if you already have an account, you need to click "login."
By creating an account, you will be allowed to start with the free trial, explore what all of Bonsai has to offer, and upgrade your plan whenever you want.
To create a template, fill in the blank spaces (remember that you need to sign up to do this).
Brand Your Invoice Template
Having a branded invoice template is a quick way to increase brand awareness. Always ensure that the font, colors, or logo on your receipt and invoice reflects the exact image you want to paint in your customers' minds.
Aside from your contact information, below are other necessary details to include:
- First and last name
- Company logo and name
- Company's website link
- Phone number and email address
- Tax ID
- Company address
List Out the Items
When creating an inventory, ensure that the following information appears in the settings when adding items to the list:
- Product description
- Quantity of items
- The unit price of each item
- Date the Invoice was created.
- Discount rates (If any)
- Products/service description
- Email address of the existing customer
- Desired currency
- Shipping and billing address
You can create a space towards the end of the invoice and let your customers know of any detail you didn't include in the body.
Save, Download and Send Out Invoices
Once you complete the steps above, it's time to send the invoice to the intended clients. You can send the invoice link to your customer through any channel your client prefers.
Note that it's important to double-check for the accuracy of the date, spellings, currency, and other errors that might put your business in a bad light.
Send a Reminder
In addition to sending creating invoice templates, integrating your Bonsai with Sage also helps you to monitor your credits and debits. This means that if a client's invoice is overdue, the system will notify them to fulfill the payment terms and conditions.
Reminders are usually sent after a week of non-compliance. Most businesses that use Bonsai tend to receive their pay on time.
When Do You Issue Invoices?
There are two significant ways to issue invoices and get your payments. They are invoices:
- Before delivery
- After delivery
Asking for payment before delivery is a practical option that works best with small orders. Vendors or service providers who apply for this approach work under high pressure to deliver. Nonetheless, payment before delivery boosts cash flow, especially for small-scale businesses.
Payment after delivery, on the other hand, requires that the business owner exhibits a high level of confidence in the client because it can be risky. There could also be payment delays after the task is delivered.
Recently, businesses have moved from paper invoices to digitally issued ones. As a small business owner, you don't want to miss out on the trend; you must confirm that your inventories, sales reports, taxes, and general business accounting are duly automated to prevent avoidable errors.
While preparing invoices might seem complicated, it's a must-have. Using a combination of Sage and Bonsai, you are sure to create professional invoices and bill your customers with much ease. Plus, you will get your payments in full and on time.
Are you ready to meet your invoicing needs, thus growing your company to the next level? Then sign up on Bonsai today to start your free trial.