where is the invoice template in word continuous numbering

Invoices can be used to identify customers’ buying patterns and habits.

This ensures you have a reference document of how much income was generated during the fiscal year, which is needed for tax reporting purposes. Invoicing keeps records of all transactions. This helps to avoid having debt on your balance sheet. The document lets you track payments and ensure that your customers pay on time. This is because the document is proof of purchase and the applicable terms used in the transaction and can thus serve as evidence in case of a dispute with your customer. Invoicing protects you from any fraudulent lawsuits. It shows the items purchased, the date, the amount paid, the balance, and other transactional details. The document helps to keep track of your business earnings, expenses, and other payments you’ve made to suppliers. As such, invoicing your customers has many benefits, as discussed below: Maintaining record Invoicing is a vital accounting procedure that facilitates internal audits and resources management.

In addition, the invoice serves as a time-stamped record of the transaction between you and the specific buyer. An invoice is a document businesses use to record and track the purchasing of goods and services from suppliers. It is sent out to the customers to indicate why they should pay you money and as an official request for payment. An invoice is a billing statement where you record the products or services sold and how much the customer has paid for them.

Where is the invoice template in word continuous numbering