❗ Why This is Important
Setting up your company correctly is essential for accurate invoicing. It ensures that you bill your customers according to their preferences, reducing errors and maintaining smooth billing & collections processes.
Understanding Customer Billing Requirements
🕵️♂️ Identify Customer Preferences
Determine how your customer prefers to receive invoices.
This could be by Department, Location, or any specific criteria.
A single combined invoice for the entire company.
Types of Invoicing
Invoice by Department or Location
Add your client’s Location or Department based on billing requirements.
Invoice by Multiple Combinations
Customize your invoices using any combination of Departments or Locations based on customer preferences.
Set up a single, combined invoice for the whole company.
Summary: Steps to Set Up Your Company Correctly
Add the Company
Identify Customer Preferences
Set Up Billing/Location
Tag your Job Orders to Billing Location & Start Invoicing
🌟 Key Point to Remember
📌Give your Client’s Billing Locations or Departments a clear and logical name. This ensures easy identification and avoids confusion during invoicing.
📌Remember to add Net Terms
📌Remember to enable Tax in invoices (disable for Tax exempt Clients)
📌Add Billing Contacts to easily send invoices to customers