professional legal invoice template for quickbooks

#Professional legal invoice template for quickbooks professional#

Apply 7% to the value of each item (excluding GST), and then sum the GST for each item.There are 2 ways to calculate the total GST amount applicable on your tax invoice when your customer purchases several standard-rated items: Tax Requirements On Invoices In Singapore If there are any specific conditions for early or late payments these should also be included in your business invoice. Date the client received any goods or services.Issue date (the day the invoice was created).You may issue a simplified tax invoice instead of a regular tax invoice if the total amount payable for your supply (including GST) does not exceed 1,000 SGD. Noting important dates in your invoice will help you and your client stay on track and prevent any delays in the agreed-upon invoice payment terms. Recipient’s company name (and the specific department that is being addressed, if applicable).You may need to add the department and the contact information or person’s name if the recipient is dealing with a specific department within your company. Complete Bank account details with IBAN and SWIFT codes.Company name (if you’re a sole proprietor then you can just keep your name).Your company invoice needs to include your business’s personal information as well as your recipient’s. Personal information and recipient information This will be especially useful if you send multiple invoices to the same client. This way you can easily identify and keep track of each invoice, which will help you maintain an organised bank account and stay on top of cash flow. No one wants to receive a bill, and start questioning what it is and where it came from.Īlongside the header or right underneath it, you should include a unique invoice number. This point may seem obvious but it’s important the recipient knows exactly what the document is as soon as they open it. The header should clearly state what the document is – an invoice.

#Professional legal invoice template for quickbooks professional#

Be sure to stay consistent with any brand logos, fonts, colours, or wording within your professional invoice.Ĭreate custom invoices by adding your branding and keep your document looking professional. Your invoice is an extension of your business and should therefore reflect your business’s brand and its philosophy. That being said, there are some staples that small business owners should always include on their invoices to ensure their invoices are professional and adhere to Singapore standards. This can even be true for invoices created by the same company but received by different clients (because the goods received and services rendered to different clients will always differ, at least slightly). No two businesses are the exact same, therefore no two invoices will be the same. You may be confused about what to include on your invoice. As your invoice will be how you get paid, you want to make sure to be as thorough as possible. The process of starting a small business has a lot of moving parts, so it may be tempting to avoid paying attention to the small details of your invoicing process – but this would be a big mistake. What Should You Include on Your Invoice For Small Businesses in Singapore?