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Whether you are a start-up or an SME; planning your expenditure and income is must. It helps you to keep your business and deals sorted. However, it can be little tiresome if you do it manually or use the old and outdated styles.
Moon Invoice is an app that helps you to organize your invoices on the go. Its simple and easy interface makes it an appealing app to use.
You can edit and add as many companies you want in this app. It lets you organize customers, vendors, invoices, estimates, purchase orders, expenses, and time logs. Create, share, and send it from anywhere in the world.

Manage Your Invoices

You can generate daily and monthly invoices that help you track your business. You can even create different style PDF format invoices from a wide array of options.
Alternatively, if you have added more than one business information, you can even manage them from a single account. Switch between signatures and business information easily.

Keep a systematic Record

Through moon invoice app, you can have all the records from the start-day. Generate an overview of monthly, daily, quarterly, and yearly statistics, compare your sell, and purchase information. This helps you to have all data at a single place without having multiple apps for different roles.
Have all data flash on your home page.

Calculate Estimates

Moon Invoice is the app that serves you an option of calculating estimates. Before you sign any deal, you can know what risks and awards you are signing up for.
It will also help you to keep a check on your regular and irregular expenses which keeps you at bay from unnecessary expenses in future. Due to this feature, you can quickly do more business and deals that would have otherwise eaten most of your time.

Flawless summary

Having a flawless summary of top customers, all expenses as well as taxes in report format is an integral part of managing a business. The editable report of the same helps in avoiding the repetitive mistakes in the future, keeping an eye on the income source.

Having it all handy

It is also very helpful to keep all the data related to the income and expenditure handy. This helps you to make addition alteration in the data whenever you realize. The app like Moon Invoice is a perfect tool for managing your business income and expense on the go.

Moon Invoice is compatible with all the major platforms like iOS, Android, and MacOS ,Windows. You can download the free trial for any of the platforms and then upgrade it for enjoying the complete services.
Being compatible with so many platforms, you can easily take all the backups so that data remains safe. Download this user-friendly app for your mobile which can be a perfect solution for your everyday business hassle.

Recurring Payments Vs Recurring Invoices

Recurring Payments	Recurring Invoices
Recurring payments charge the customer’s credit card account or debit card account on a predetermined schedule for the same amount as preapproved.	Send an invoice to your customer on a regular basis. The client receives the invoice but, money is not paid unless the customer approves.
A business that takes prepayment of money and sells a monthly subscription service and product. Subscription services are excellent examples of this.	A company that provides fixed services with billable hours is an excellent choice for recurring billing. For example law firms and consulting agencies.

Pros and Cons of Recurring Invoices

Pros	Cons
You eliminate the possibility of human error by automating the billing process. If you use a recurring invoice, you will not be concerned about forgetting to charge your customers for the things they ordered.	You must exercise caution while recurring billing to prevent issuing inaccurate pricing. This also holds for price changes that could take place right once an invoice is created.
If you provide your customers with the option for recurring billing, they are more likely to buy products regularly.	It could be difficult to cope with recurring invoices if a transaction fails for any reason.

Net 45	Invoice is due in full within 45 days with no early payment discount offered
2/10 net 45 terms	2% discount if you pay within 10 days; otherwise full payment of the invoice is due in 45 days
1/15 net 45 terms	1% discount if you pay within 15 days; otherwise full payment of the invoice is due in 45 days
1/10 net 45 terms	1% discount if you pay within 10 days; otherwise full payment of the invoice is due in 45 days
1/7 net 45 terms	1% discount if you pay within 7 days; otherwise full payment of the invoice is due in 45 days

Category	Net Method vs. Gross Method	Explanation
Calculation Approach	- Applies tax credits first; reduces taxable income before computing tax liability.	- Doesn't apply tax credits; computes taxable income without considering tax credits.
Tax Credit Eligibility	- Allows for greater likelihood of tax credit eligibility due to reduced taxable income.	- Limits tax credit eligibility because taxable income hasn't been reduced yet.
Itemized Deduction Requirement	- Lowers threshold requirement for itemizing deductions due to decreased taxable income.	- Raises threshold requirement for itemizing deductions due to higher taxable income.
Advantages	- Leads to lower taxable income and increases chances of meeting qualifications for other tax benefits.	- Results in higher taxable income compared to net method.
Disadvantages	- May miss opportunity to reduce tax burden if taxpayer doesn't itemize deductions or take advantage of tax credits.	- Increases taxable income and may result in higher overall tax bill.