The all-in-one professional invoicing app has recently achieved a new milestone! FinancesOnline, a discovery platform in the B2B and SaaS space, has recently certified Moon Invoice with two industry awards for 2018: Great User Experience and Rising Star.

FinancesOnline handed over the awards after they performed a thorough analysis of our invoicing app. Their business software experts scrutinized us through a comprehensive billing systems analysis and stacked us against the leaders on the market, dissecting each and every tool we offer.

Moon Invoice’s “comprehensive invoicing tools,” “high level of customization,” and mobility stood out the most for FinancesOnline. After observing that our application excels in these fronts, they awarded us with the Great User Experience award for 2018.

The Great User Experience award for 2018 indicates that Moon Invoice is one of the easiest and most efficient platforms in the market today. Simply put, the Great User Experience award is given to software solutions that serve as a gold standard in terms of overall design, interface, ease of deployment, and accessibility.

In FinancesOnline’s Moon Invoice overview, they detailed how the Moon Invoice provides a pleasing and enjoyable user experience. Time tracking tool for accurate billing, easy document estimate conversion into invoices, and mobile invoicing with seamless iCloud synching are some of the ways that Moon Invoice makes day-to-day tasks less of a chore to businesses.

Based on FinancesOnline’s invoicing systems research, the review platform also believes that Moon Invoice provides a great experience to the client’s end as well. With Moon Invoice, users can ask their clients to pay their balances via PDF-embedded payment options, which brings utmost convenience and financial information security. “Not only is this process convenient, but it is also secure as it protects clients’ financial information,” wrote FinancesOnline.

Another notable award is the Rising Star for 2018. This award is given to software solutions that are seen as an outstandingly reliable brand by clients. The award is complemented by a 97% user satisfaction rating.

So, if you don’t want to worry about invoicing, then give Moon Invoice a try today!

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.