A successful invoicing process includes simple and easy online payment of invoices for your clients. If you leave the payment process tedious and confusing for the clients or customers then in a way you are hampering the cash flow of your business as well as putting relation between you and clients at stake.

In order to maintain a good relationship with your client, following are the few ways you can make paying online invoices much easier.

Payment Options

Who doesn’t like to get paid on time? If you are keeping your payment system intact, then, every client love to pay invoice quickly. Streamlining the entire process leaves a good & satisfying experience at the end. This relieves your business of any unpaid dues and maintains a good financial situation which is necessary to continually operate business brand functions and to keep long-term client relationship.

For e.g, at Moon Invoice, we not only offer multiple payment methods to improve your cash flow but also offer multiple currency options.

Invoice Design

Invoice/Bill documents are supposed to be easy to read & understand. As their prime objective is to define payment information accurately and effectively. Not mentioning the invoice amount clearly will result in delay and errors which comprising will create business cash flow problems and a dissatisfied experience for your clients.

At Moon Invoice, we have created professionally designed invoices that suffice all the information required by the client in a clear format with the option to customize your invoices suitable to your business identity. A neat and tidy invoice can leave a lasting professional image of your brand.

Right Details

Filling the right details matter most when it comes to getting paid on time. The foremost reasons for delayed payment can be because of incorrect, missing or contradicting details in the invoice. For e.g, starting from service details to payment or account details, business address to payment due date, there are many details that could go wrong.

Hence, Moon Invoice allows you to create recurring invoices to quickly generate invoices and also get a reminder about overdue invoices. This feature leaves no room for errors and ensures not to leave your client or business financially upset.

Enable Signatures

Enabling your invoices for the custom settings is beneficial for the companies where account managers might need to check and approve the payment of an invoice. Such features can prevent the misunderstanding of the payment and moreover looks more professional in the approach.

With Moon Invoice, you can include 2 different signatures with name, title and date options. Also, you could use the inbuilt custom template based on different services or products as per your business needs or merely can choose a one that goes well with your business identity.

Easy Invoicing, Easy Life

Making online invoice paying easier and quicker for your clients comes with added advantages and benefits. Your business will run financially smooth with no hassle because of seamless cash flow. This is, in turn, works out well for your brand impression and your business will be seen as reputable and professional without any inconsistency. Stability in the process and services prompts clients to be loyal to your brand and not get lured by your competitor.

With Moon Invoice you can work from anywhere by downloading apps available for all platforms, i.e, iOS, Mac OS X, Android, and Windows.

Invoicing industry has picked up the pace with the surge in solopreneurs/entrepreneurs, startup firms and even in SMEs, as the owners of such institutions are involved in many daily tasks and are already facing time issues to pay attention to everything. In such scenario, an accurate online invoicing solution provider like Moon Invoice can be a time-efficient invoicing partner for your business needs. Keeping accuracy in invoices in terms of design, content, payment functions, utility and deliverability, you are not only making life easier for your client but also for yourself.

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.