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By Darcel Roux. Invoice. Published at Friday, March 15th, 2019 02:16:14 AM.

Invoices that arrive in AP without a PO number can be very problematic, which can take the team a lot of man-hours to manually process them. AP may receive non-PO invoices when a supplier has provided products or services to the buyer without receiving a purchase order. Many different challenges...


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By Hedvige Rey. Invoice. Published at Wednesday, March 20th, 2019 10:48:48 AM.

Most importantly, make sure you have all the necessary information. Make sure there are no spelling mistakes and that your spacing is consistent. Customize your invoice as much as you can. Your logo is a must, but colors and a style that match your other branding items will make it...


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By Genevre Barbe. Invoice. Published at Wednesday, March 20th, 2019 13:05:55 PM.

Itemized List of Services – must be specific People want to know what they’ve paid for. Most people will not pay for something described merely as ”Design.” Tell them exactly what they have received: e.g. ”Design of three-page static website for Sporting Goods Department.” Be as specific as possible. In...


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

When a buyer asks for a quotation the seller should always provide a pro-forma invoice. A pro-forma invoice is an invoice sent in advance of the commercial invoice, which is the final bill that the buyer agrees to pay. Some of the advantages of pro-forma invoice to the importer include...


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

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 Genevre Barbe. Invoice. Published at Thursday, March 21st, 2019 23:56:27 PM.

Include Your Terms – must be clear When do you expect the client to pay you? What happens if they miss the deadline? To be able to send follow-up or overdue notices or to charge interest, you need a rock-solid paper trail that no one can argue with....


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By Genevre Barbe. Invoice. Published at Thursday, March 21st, 2019 20:55:44 PM.

How Invoice Factoring Works Invoice factoring is a transaction in which you sell outstanding invoices for immediate cash, instead of waiting the typical 30 days for the invoices to be paid. You receive an up-front, lump-sum payment for your invoices that’s slightly less than face value. The advance payment which...


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By Genevre Barbe. Invoice. Published at Friday, March 22nd, 2019 21:55:21 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 Genevre Barbe. Invoice. Published at Friday, March 22nd, 2019 08:03:38 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 Genevre Barbe. Invoice. Published at Thursday, March 21st, 2019 22:53:16 PM.

Many AP departments receive thousands and thousands of paper invoices per year, which will need to be manually keyed into a finance system. This process is very slow, inefficient and costly. It is very easy to lose or misplace important paper documents when handling them manually, but with an automated...


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