Sales invoices are important for businesses because they provide a record of revenue and can be used to track inventory levels. This document typically includes the date of the sale, the products or services sold, the price of each item, sales tax and the total amount due. Conclusion to Excel Free Sales Invoice TemplateĪ sales invoice is a document that a business uses to record a sales transaction.Excel Sales Invoice Template UK – Licence Agreement.Instructions for Free Sales Invoice Template UK.What are the Alternatives for Issuing Invoices?.There are a few more things you can add to an invoice to make them more helpful to customers: The amount of GST added (for tax invoices).The seller's name (this could be your business or personal name).

A brief description of the goods or services you've sold.

The words 'invoice' or 'tax invoice' should be somewhere clear on the page.The more information you put on your invoices, the better. Invoices need very specific information to make sure they're a valid legal document. Invoices can help you understand your tax obligations and manage your GST credits.īy storing and organising your invoices – both the ones you send to customers and any that you get from suppliers – you'll get a clearer idea of how much GST you need to pay and if you qualify for any GST credits. Including your time on invoices also helps to set expectations with your customers so that they know how time factors into the cost and what to expect in the future.

By including how long it takes to source, build or provide your products and services on your invoices, you can keep a track of what you spend your time doing – and then set your prices to reflect that. Invoices can help you track your time and set your prices. They can also flag financial challenges and help you prepare for them, like when sales drop or when customers aren't paying on time. Invoices can show you patterns in your sales so you can see when people are buying certain products, and what products are selling best. They also help manage your cash flow, track your time and understand your tax. Invoices are more than just a way for your customers to pay you.

Free downloadable invoices