Invoicing
What Is Contract Billing: How It Works
Last Updated: May 21, 2025What Is Contract Billing? Contract billing is when a business and a client agree in advance on how and when to make...
What Is An Adjusted Invoice
Last Updated: May 21, 2025Introduction Every business needs to keep good records. An invoice is an important record. Sometimes, an invoice can have a mistake....
What Is A Billing System
Last Updated: May 20, 2025What Is a Billing System? A billing system is a tool that helps businesses create and send bills. People also call these...
Adjustment Note: Benefits And Use
Last Updated: May 20, 2025What is an Adjustment Note? An adjustment note is a paper or digital file that shows changes to a bill or invoice...
What Is Backorder: How To Manage
Last Updated: May 20, 2025What Is a Backorder? A backorder occurs when a customer buys a product that is out of stock. The customer still orders...
What Is The Average Collection Period (ACP)
Last Updated: April 28, 2025What is the Average Collection Period (ACP)? The Average Collection Period (ACP) shows how many days it takes for a business to...
What Is A Void Invoice
Last Updated: April 17, 2025What Is a Void Invoice? A void invoice is a bill that you cancel before you pay it or use it. Saying,...
What Is Optical Character Recognition (OCR) In Invoicing
Last Updated: April 16, 2025Running a small business is not easy. There are bills to pay, papers to sort, and money to track. But thanks to...
What Is A Payment Reminder
Last Updated: April 15, 2025What Are Payment Reminders? Payment reminders are messages you send to your customers to remind them to pay you. You can use...
What Is Usage-Based Billing
Last Updated: April 15, 2025What Does Usage-Based Billing Mean? Usage-based billing means your customers pay only for what they use. People also call it “pay-per-use” or...
What Is Third-Party Billing
Last Updated: April 15, 2025What Is Third-Party Billing? Third-party billing means someone else handles your bills for you. Instead of a business sending invoices and collecting...
What Is Utility Billing: A Simple Guide
Last Updated: April 15, 2025What Is Utility Billing? Utility billing is how companies track how much electricity, water, gas, or phone service you use. Then, they...
What Is Fee Scheduling: Definition And Features
Last Updated: April 15, 2025What Is a Fee Schedule? A fee schedule is a list that shows the prices of your products or services. Imagine it...
What Is Multi-Currency Invoice
Last Updated: April 11, 2025Introduction Small businesses can connect with clients around the world. However, getting paid in different currencies can be hard. Multi-currency invoices make...
What Is Pricing Model: A Simple Guide
Last Updated: April 22, 2025What Is a Pricing Model? A pricing model is the way a business decides how much to charge for its products or...
What Is Overbilling In Construction
Last Updated: April 11, 2025What Is Overbilling? Overbilling, also called front-loading, occurs when a contractor bills for a job before completing that part of the job....
What Is Invoice Due Date
Last Updated: April 11, 2025What Is an Invoice Due Date? An invoice’s due date is the last day your customer must pay you. This date shows...
What Is Deposit Invoice: A Complete Guide
Last Updated: April 11, 2025What Is a Deposit Invoice? A deposit invoice is a formal request issued by a business to a customer seeking partial payment...
What Is Progress Billing: A Complete Guide
Last Updated: April 19, 2025Introduction: What Is Progress Billing? Progress billing involves issuing invoices incrementally as a large-scale project reaches specific stages or milestones, rather than...
What Is Service Charge: A Simple Guide
Last Updated: April 10, 2025What Is a Service Charge? A service charge refers to an additional amount that businesses apply to a customer’s bill to compensate...
What Is A Processing Fee
Last Updated: April 10, 2025Processing fees may initially seem confusing, but don’t worry—we’ll straightforwardly clarify them. If you operate a small business or plan to launch...
What Is In-House Billing
Last Updated: April 23, 2025What Is In-House Billing? In-house billing means your business creates and sends bills by itself. You don’t use an outside company or...
What Is Customer Account In Business
Last Updated: April 10, 2025Understanding your clientele is crucial for expanding your business, and a savvy method to achieve this is utilizing customer accounts. These accounts...
What Is Authorized Payment: A Simple Guide
Last Updated: April 10, 2025What Are Authorized Payments? Authorized payments are approved payments made by a business. Before the money is sent, someone checks and says...
What Is Remittance Advice: A Simple Guide
Last Updated: April 8, 2025What Is Remittance Advice? A remittance advice is a notification indicating that a payment has been made. When one company pays another,...
What Is Tiered Pricing: A Complete Guide
Last Updated: April 9, 2025What Is Tiered Pricing? Tiered pricing means offering different prices for products or services. Each price level, or “tier,” gives something different....
What Is Underbilling In Construction
Last Updated: April 15, 2025What Is Underbilling in Construction? Underbilling in construction occurs when the recognized revenue from finished work exceeds the invoiced amount to the...
What Is Billing Address In Business
Last Updated: April 9, 2025Introduction What Is a Billing Address? A billing address is the place linked to a person’s payment method. This can be a...
What Is An Installment Invoice
Last Updated: April 9, 2025Easy Introduction to Installment Invoices An installment invoice allows small businesses to receive payments in phases rather than demanding the full amount...
What Is Invoice Aging: A Complete Guide
Last Updated: April 7, 2025What Is Invoice Aging? The term “invoice aging” may sound complex, but it is a simple financial method. It helps track how...
What Is Advance Billing And Its Benefits
Last Updated: April 3, 2025Managing a business comes with its challenges. But tools like advanced billing can make things easier. This guide explains what advance...
What Is Disputed Invoice: A Simple Guide
Last Updated: April 3, 2025What Is a Disputed Invoice? A disputed invoice arises when a buyer and a seller disagree over a bill. This disagreement may...
What Is Consolidated Billing: A Complete Guide
Last Updated: April 23, 2025What is Consolidated Billing? Running a small business requires handling multiple duties, such as finances, billing, and payments. Handling multiple bills...
What Is Annual Maintenance Contract (AMC) Invoice
Last Updated: March 31, 2025Running a small business isn’t easy. You need to keep everything in order—people, tools, software, and more. One thing that helps you...
What Are Open Invoices: A Quick Guide
Last Updated: March 31, 2025Introduction Running a small business is an intricate endeavor that demands meticulous financial oversight, exceptional customer service, and strategic growth initiatives. Among...
What Is Amended B2B Invoices
Last Updated: May 27, 2025Running a business means handling lots of invoices. Sometimes, mistakes happen in invoices—like wrong prices, incorrect tax rates, or missing details. When...
What is CPT In Proforma Invoice
Last Updated: April 15, 2025Introduction to CPT in Proforma Invoices What is CPT? CPT, or Carriage Paid To, is a term used in global trade....
What Is E & O.E On Invoice
Last Updated: March 28, 2025What is E & O.E? If you own a small business, you may have seen “E & O.E” on invoices or business...
What Is Recurring Invoice: A Comprehensive Guide
Last Updated: June 10, 2025What Is a Recurring Invoice? A recurring invoice is an automated billing solution that allows businesses to send the same invoice to...
What Is Invoice Management: A Simple Guide
Last Updated: April 15, 2025Introduction to Invoice Management Invoice management means creating, sending, tracking, and receiving payments for invoices. It helps businesses keep their cash flow...
What Are Payment Terms On An Invoice
Last Updated: March 28, 2025Introduction Running a small business comes with many challenges, and one of the most important is making sure you get paid on...
What Is An Invoice Letter
Last Updated: April 1, 2025What Is an Invoice Letter? An invoice letter is a short, formal message from a seller to a buyer. It explains what...
What Is Invoice Reconciliation: A Simple Guide
Last Updated: April 1, 2025What Is Invoice Reconciliation? Invoice reconciliation is the process of checking that all business payments are correct. You match invoices with purchase...
What Is A Duplicate Invoice
Last Updated: April 1, 2025What Are Duplicate Invoices? A duplicate invoice occurs when someone enters the same bill more than once in an accounting system. This...
What Is Invoice Fraud: A Simple Guide
Last Updated: April 1, 2025What Is Invoice Fraud? Invoice fraud occurs when criminals send fake or changed invoices. They trick businesses into paying money they do...
What Is Pay By Invoice
Last Updated: April 1, 2025Introduction to Pay By Invoice Pay By Invoice is a payment method that lets buyers receive products or services first and pay...
What Is Invoice Currency: A Simple Guide
Last Updated: April 1, 2025Managing money in international trade can be tricky. One important part is knowing invoice currency. This is the currency that a business...
What Is Integrated Invoicing: A Complete Guide
Last Updated: May 13, 2025What is Integrated Invoicing? Integrated invoicing is a smart way to handle business payments. It connects invoicing with other important tasks, like...
What Is Factory Invoice: A Simple Guide
Last Updated: April 11, 2025What is a Factory Invoice? A factory invoice is a document. It shows the sale of goods. These goods are sold from...
What Is An Invoice Header
Last Updated: April 2, 2025What is an Invoice Header? An invoice header is the section at the top of an invoice that provides key details. It...
What Is Invoice Value: A Simple Guide
Last Updated: April 2, 2025What is Invoice Value? Invoice value is the total amount a customer needs to pay for a product or service. It includes:...
What Is A Commercial Invoice
Last Updated: April 2, 2025Doing business across borders can feel confusing. But one key document makes it easier: the commercial invoice. If you own a small...
What Is A Proforma Invoice
Last Updated: February 25, 2025What is a Proforma Invoice? A proforma invoice is an important document in business. It shows the details of a sale before...
What Is PO And Non PO-Invoice
Last Updated: February 25, 2025What Are PO and Non-PO Invoices? Running a small business means keeping track of money spent. Two key types of invoices help...
What Is Surcharge On Restaurant Bills
Last Updated: April 19, 2025Running a small business can be tough, especially when costs keep going up. One way to manage these costs is by using...
What Is The GRN Of Bill
Last Updated: February 25, 2025Managing business inventory can be tricky, especially for small businesses in India. Keeping track of what comes in and ensuring you get...
What Is Invoice Financing: A Simple Guide
Last Updated: February 25, 2025Running a small business can be tough, especially when waiting for customers to pay their invoices. You need cash to pay employees,...
What Is UOM In Invoice
Last Updated: February 25, 2025Running a business involves a lot of paperwork, especially invoices. One important term on an invoice is UOM, which stands for “Unit...
What Is UQC Code In E-way Bill
Last Updated: February 25, 2025Introduction Running a small business in India comes with many responsibilities, including managing inventory and logistics. A key part of this process...
What Is FOB On An Invoice
Last Updated: February 25, 2025What Is FOB? FOB, or Free On Board, is an important shipping term. It shows when ownership and responsibility for goods move...
What Is Past Due Invoice
Last Updated: February 25, 2025What Are Late Payments? Small businesses need regular payments to run smoothly. But sometimes, customers do not pay on time. When someone...
What Is SAC Code In Invoice
Last Updated: May 14, 2025If you own a small business in India and provide services, you need to know about SAC codes. These codes help with...
What Is E-Billing: A Complete Guide
Last Updated: May 12, 2025In the fast-changing business environment of today, organizations globally are shifting from paper-based methods to digital alternatives. A significant change in this...
What Is GNCTC Bill: A Simple Guide
Last Updated: May 12, 2025The GNCTC Bill, also called the Government of National Capital Territory of Delhi (Amendment) Bill, is very important. It helps shape how...
What is an Accommodation Bill? Meaning, Example & Legal Use
Last Updated: May 19, 2025What Are Accommodation Bills? An accommodation bill is a special type of bill of exchange used to help someone raise money. It’s...
What Is Appropriation Bill: Definition And Features
Last Updated: April 23, 2025The Appropriation Bill might sound complicated, but it’s important for running a country. It helps businesses, including small ones, by showing how...
What Is Shipping Bill: Meaning, Types and Purpose
Last Updated: July 1, 2025What Is a Shipping Bill? A Shipping Bill is a key document needed to send goods to another country. Exporters give this...
What Is Finance Bill: Definition And Features
Last Updated: May 14, 2025What Is the Finance Bill? The Finance Bill is a document created every year by India’s government. It explains the financial plans...
What Is Bill Of Supply
Last Updated: April 4, 2025What Is a Bill of Supply? A Bill of Supply is a document businesses issue when selling goods or services that are...
What Is A Billing Cycle
Last Updated: May 6, 2025What is a Billing Cycle? A billing cycle is the time a business uses to charge customers for services or products. Like...
What Is Bills Receivable
Last Updated: May 6, 2025What Are Bills Receivable? Running a small business means keeping track of money constantly. One helpful tool for this is something called...
What Is Bill Of Entry
Last Updated: May 8, 2025What Is a Bill of Entry? A Bill of Entry is an important document for businesses that import goods into a country...
What Is Bill Discounting: A Simple Guide
Last Updated: May 30, 2025What is Bill Discounting? Bill discounting is a straightforward method for businesses to quickly secure cash by utilising unpaid invoices. Instead of waiting for customers...
What Is E Invoicing In GST
Last Updated: May 28, 2025Managing a small business can be a challenging job. Staying on top of taxes, organizing invoices, and following government rules might feel...
What is Bill of Material (BOM)
Last Updated: May 9, 2025What Is a Bill of Materials (BOM)? A Bill of Materials, or BOM, is a detailed list of everything you need to...
What is Bill of Lading
Last Updated: January 28, 2025What Is a Bill of Lading? A Bill of Lading (B/L) is a document used in shipping. It explains what is being...
What is Billing: A simple Guide
Last Updated: May 21, 2025Billing is a key part of running any business. It’s how businesses create invoices and collect payments for products or services. While...
What is E-way Bill: A Simple Guide
Last Updated: May 2, 2025The e-Way Bill system has brought big changes to how businesses in India handle transportation under the Goods and Services Tax (GST)....
What is Bill of Exchange
Last Updated: May 2, 2025Managing money well is important for every small business. A Bill of Exchange can make dealing with payments easier, especially for companies...