If it’s your first time working on a catering bill format, you might think, “is it really important
to offer catering bills to customers?” Yes, it’s essential. Let’s learn in detail about how
important they are:
Record Maintenance:
One of the most important uses of catering bills is record maintenance. It helps you track how many
guests you have served, what type of food is served, and so much more about the dining. Having an
invoice record also helps in legal matters.
Let’s suppose your business got into some legal matters related to customers. In such scenarios,
that invoice record can come handy. You can use it to defend your business or help the law find the
guilty.
Protection of the Company:
It doesn’t matter what business you are into; having lawsuits on your firm is unpredictable. In such
cases, your business can defend itself using the invoice record. The invoice record contains a wide
range of details - from which guest dined on what date to how much payment method is opted.
Invoices can help protect your catering business from a false lawsuit. And we all know how expensive
legal disputes can go in the long run. So save yourself from the hassle of court dates, and start
issuing invoices.
File Taxes Easily
Every business is liable to pay taxes in India every year. If you don’t pay your
income tax, you
might expect legal penalties and charges issued to your name. A
record is automatically maintained
when you issue an invoice using an accounting app
such as Vyapar.
The invoice record will help your brand in determining the annual income, which is
the toughest part
of calculating tax. Using your sales and purchase data, you can create GSTR reports to file taxes
with ease.
Analyse Your Business
To grow your catering business, you need to perform timely analyses of your whole firm. It’s
time-consuming, but having invoices by your side makes it simple. Invoices are records of financial
transactions made between your catering business and customers.
You can use sales data to create a profit and loss statement. This statement can further be utilised
for analysing the financials of your business. In other words, having invoices plays an integral
part in determining the financial position of a firm.
Proof of Dining
Being in the catering business, you might usually come across customers who refuse to accept that
they have placed an order. If in future you encounter such customers, an invoice can come in handy.
An invoice is proof of dining or an order placed by customers.
If someone says they haven’t placed an order, you can show them a copy of the invoice. The invoice
contains detailed data on order, so there’s no chance someone can delay that. Since it’s a
transactional document, it’s also legally eligible, which is the best thing.
Great Impression
Imagine you had a nice dinner at a restaurant and were offered an invoice copy after paying for the
food. What’s the impression it will leave on you? Professionalism. It’s not the big thing that
creates a professional image in front of customers.
It’s the same moves, such as offering invoice copies. If you wish to leave a good impression of your
business on guests, try offering them invoices. It’s a proven trick and works well for every
business.