Invoice Software
what is the best option for you?
by FitSmallBusiness.com
Free Templates vs. Invoicing System vs. Full
Accounting System
Invoicing options can be broken
down into the following three
categories:
1. Free Templates
Both Google and Microsoft word offer
free templates (here and here) which
you can add your company infor...
2. Invoicing Software
The software programs dedicated
specifically to invoicing are Harvest and
Billquick. Although Freshb...
3. Full Accounting Systems
In addition to offering integrated
accounting and payroll services most
accounting systems also...
Company Wave Freshbooks Harvest
Billquick
Online
Monthly Cost
Free (unlimited
clients)
1 Client Free
25 Clients
Unlimited
...
Company Wave Freshbooks Harvest
Billquick
Online
Time Tracking No Yes Yes Yes
Other
Integrations
Wave Accounting
Sage50 an...
Company Wave Freshbooks Harvest
Billquick
Online
Other features
Accounting +
Payroll
Accounting None
Project
Management
Cu...
which package is best for you?
If you don’t need sophisticated
features like tracking, then it
normally makes sense to use
accounting systems like
Quickb...
Wave
If you simply need to send invoices
and get paid and don’t need any
additional things like time tracking or
the abili...
Freshbooks:
If you are looking for a simple solution
like Wave but need the ability to
accept payments through other
metho...
Harvest:
If you are a small company that needs
time tracking software, then Harvest
is the most straightforward time
track...
Billquick:
If you are a larger company that needs
time tracking, project management,
and invoicing integrated into one
pac...
Creating your Invoices
Things Every Invoice Should Include:
•The name, address and billing contact
of your firm.
•The name, address and billing c...
•Itemized list of Charges
•Any applicable taxes
•Payment Instructions
•Any info needed to complete
payment instructions.
•...
payment terms
The payment terms you include in
your invoice can have a definite
impact on the speed at which you are
paid. The online in...
•Be polite. Use terms like “Thank you for
your business. Please pay within ... days”.
•Be specific on the days they have t...
•Adding interest to late payment can delay
the speed they pay but increases the
payment rate.
•Overall, Freshbook suggests...
And Finally...
To learn how to be a more successful
entrepreneur visit us at....
www.FitsmallBusiness.com
(Click The Link Below)
www.FitsmallBusiness.com
(Click The Link Below)
www.FitsmallBusiness.com
(Click The Link Below)
See the full article here
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Invoicing Software: What is The Best Option For You

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In today’s presentation we are going to review which invoicing software are in the market and which one is the most convenient for your business. So let's get started!.

You can also check our main article at http://fitsmallbusiness.com

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  • I'd recommend Invoiceberry - another great online invoicing software for small businesses and freelancers to create and send invoices, estimates, track expenses and create accounting reports. Try Invoiceberry free plan today: http://www.invoiceberry.com
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Invoicing Software: What is The Best Option For You

  1. 1. Invoice Software what is the best option for you? by FitSmallBusiness.com
  2. 2. Free Templates vs. Invoicing System vs. Full Accounting System
  3. 3. Invoicing options can be broken down into the following three categories:
  4. 4. 1. Free Templates Both Google and Microsoft word offer free templates (here and here) which you can add your company information and logo to.
  5. 5. 2. Invoicing Software The software programs dedicated specifically to invoicing are Harvest and Billquick. Although Freshbooks is also an accounting software it is primarily known for its invoicing capabilities, so we include it in this category as well
  6. 6. 3. Full Accounting Systems In addition to offering integrated accounting and payroll services most accounting systems also offer the ability to send invoices.
  7. 7. Company Wave Freshbooks Harvest Billquick Online Monthly Cost Free (unlimited clients) 1 Client Free 25 Clients Unlimited $19.95 1-3* Users $12 5-9* Users $49 *(each aditional user $10) $14.95 $24.95 depending on features Payment Gateways Stripe Paypal + 13 Others Paypal + Stripe + Authorize.net Paypal + Intuit Merchant Services
  8. 8. Company Wave Freshbooks Harvest Billquick Online Time Tracking No Yes Yes Yes Other Integrations Wave Accounting Sage50 and other services Quickbooks (windows version) and many other services Quickbooks, Sage50, MYOB
  9. 9. Company Wave Freshbooks Harvest Billquick Online Other features Accounting + Payroll Accounting None Project Management Customer Service Email Phone / Email M - F 9am - 6pm EST Phone / Email M - F 9am - 6pm EST Email. Phone for those paying full featured packages.
  10. 10. which package is best for you?
  11. 11. If you don’t need sophisticated features like tracking, then it normally makes sense to use accounting systems like Quickbooks.
  12. 12. Wave If you simply need to send invoices and get paid and don’t need any additional things like time tracking or the ability to integrate with a merchant services account, then Wave will be the best choise with a straight forward and easy to use package.
  13. 13. Freshbooks: If you are looking for a simple solution like Wave but need the ability to accept payments through other methods than stripe, then FreshBooks is for you.
  14. 14. Harvest: If you are a small company that needs time tracking software, then Harvest is the most straightforward time tracking + invoicing software on the market.
  15. 15. Billquick: If you are a larger company that needs time tracking, project management, and invoicing integrated into one package then Billquick is the package for you.
  16. 16. Creating your Invoices
  17. 17. Things Every Invoice Should Include: •The name, address and billing contact of your firm. •The name, address and billing contact of the client •Invoice Number •Invoice Date •Total Amount Due
  18. 18. •Itemized list of Charges •Any applicable taxes •Payment Instructions •Any info needed to complete payment instructions. •Accepted payment methods and payment details.
  19. 19. payment terms
  20. 20. The payment terms you include in your invoice can have a definite impact on the speed at which you are paid. The online invoice service Freshbooks recently analyzed data on payment terms and found some general trends that help you get paid faster:
  21. 21. •Be polite. Use terms like “Thank you for your business. Please pay within ... days”. •Be specific on the days they have to pay, avoid using terms like “Net 30”.
  22. 22. •Adding interest to late payment can delay the speed they pay but increases the payment rate. •Overall, Freshbook suggests payment terms such as: •“Thank you for your business. We do accept payment within 21 days, so please process this invoice within that time. There will be a 1.5% interest of charge per month on late invoices”. •See the full article here.
  23. 23. And Finally...
  24. 24. To learn how to be a more successful entrepreneur visit us at....
  25. 25. www.FitsmallBusiness.com (Click The Link Below)
  26. 26. www.FitsmallBusiness.com (Click The Link Below)
  27. 27. www.FitsmallBusiness.com (Click The Link Below) See the full article here
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