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By Darcel Roux. Invoice. Published at Thursday, March 21st, 2019 11:59:57 AM.

Assign numbers to your invoices systematically, consistently and chronologically. Some people number their invoices by year (for example, 2009043 would be the 43rd invoice of 2009). You could also specify a code for the project. For example, ABC06 would be the 6th invoice for the ABC project that you’re currently...


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By Nadine Sanchez. Invoice. Published at Thursday, March 21st, 2019 18:11:23 PM.

Electronic invoices contain all of the information required in a traditional, paper invoice in an encrypted format, including data on the sender and recipient, such as their name and Tax ID number, the date of the invoice, the sender’s legal address, the amount of the invoice and the percentage and...


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By Suzette Dumont. Invoice. Published at Friday, March 22nd, 2019 02:42:46 AM.

So here are some general guidelines, best practices and examples that will help you make sure your invoices are up to specification. Their Details and Yours – must be complete This is basic stuff, but you can’t afford to forget it. In addition to the client’s address, make sure to...


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By Suzette Dumont. Invoice. Published at Wednesday, March 27th, 2019 15:32:24 PM.

Approval for invoice factoring doesn’t hinge on your company’s credit history. Instead, it depends on the creditworthiness of your customers. Companies that purchase invoices will evaluate your customers based on their stability and payment track record. The invoice factoring company’s main concern is determining how likely your customers will pay...


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By Suzette Dumont. Invoice. Published at Monday, March 25th, 2019 04:17:43 AM.

In order to comply with regulations and ensure that an electronic invoice has the same legal validity as a paper invoice, the corresponding electronic document must contain the same mandatory fields as any other invoice, must be signed with an electronic signature based on a recognized certificate and must be...


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By Suzette Dumont. Invoice. Published at Friday, March 22nd, 2019 21:55:21 PM.

Invoices can sometimes be an Accounts Payable (AP) clerk’s worst nightmare, especially if it takes hours and hours to manually process a single paper based invoice. Numerous things could go wrong with processing invoices manually; which can become very costly for business. Below we have listed five of the top...


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By Suzette Dumont. Invoice. Published at Saturday, March 23rd, 2019 06:59:11 AM.

Another significant benefit of invoice factoring is the professional debt collection service provided by the factoring company. The factoring company is equipped to handle debt collections professionally and efficiently, leaving your staff to focus on core activities such as creating more sales. In addition, this will reduce your costs associated...


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By Suzette Dumont. Invoice. Published at Sunday, March 24th, 2019 12:49:26 PM.

Assign numbers to your invoices systematically, consistently and chronologically. Some people number their invoices by year (for example, 2009043 would be the 43rd invoice of 2009). You could also specify a code for the project. For example, ABC06 would be the 6th invoice for the ABC project that you’re currently...


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By Suzette Dumont. Invoice. Published at Friday, March 22nd, 2019 08:03:38 AM.

After the purchasing company receives full payment for the invoice, you’ll receive the remaining value minus a ’factoring’ fee. This fee is based on a number of factors, including your customer’s credit worthiness, the average terms, and the invoice number and size. However, generally, the invoice factoring fee is up...


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By Suzette Dumont. Invoice. Published at Friday, March 22nd, 2019 08:55:00 AM.

It is usually best to discuss with the client beforehand their preferred method or to come to an agreement about a method you both like. If you want a money transfer, provide all the necessary information. Foreign transfers need more than your account number: in some countries, you need your...


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