Service invoices are commercial documents that freelancers and consultants use to request payment from their clients. Creating and sending invoices to clients is a crucial task in everyday business running that you cannot ignore as a service provider. If you render services other than providing a physical product to clients, a service invoice template Word will serve your billing needs.
It might not make sense to spend time learning complex software and invoicing systems that incur a huge cost to bill your service-oriented projects. A simple bill template might serve that purpose. The Word template is simple, easy to use, and cost-effective among a myriad of invoicing solutions.
You can quickly download a template online and customize it to your tune. Besides, you are free to itemize your services and specify your fees accordingly. A service invoice template Word would serve if you do any of the following:
Your service invoice template Word will include the following details, among others, depending on your complexity.
Start your invoice with your personal information, including business name, address, email, and phone contact. Also, include the details of the client and the party that will clear the bill.
Create a table with a specific number of rows and columns if you need to outline the service you rendered. Outline the services and put the fees against each to make things clear for settlement.
Freelancers and consultants have different methods of billing a project. Some charge a flat-rate fee for their services while others might apply an hourly rate for a project.
Hourly rate billing is flexible and widely used by freelancers and consultants. It is easily applicable in cases where a client needs multiple revisions and rework. State your billing method in the service invoice template Word to avoid confusion in compensation.
Include the issuance date and clearly state the due date of payment to avoid unnecessary delays. Add an invoicing number for easy tracking of the document. The invoice number can be any preferred number but ensure it follows a particular sequence you can always reference.
This section is where you add other terms that you’ve not captured in any other part of the invoice template. This may include your preferred payment method and currency if sending internationally and discount for quick payment if applicable.
Here is an optional section of your service invoice template Word where you may add a call to action or thank your client for their cooperation so far in the project.
Consultants use different types of invoicing templates depending on what they want to achieve.
Below is a list of the common types of service invoice template Word:
Invoice assistant – It keeps a list of all the clients you are working with and the information about their jobs.