It is a painstaking job and also a necessary one as a part of your daily work to send invoices and more importantly to send accurate ones. Once you have entered the corporate life, your life is surrounding with paperwork and crunching numbers most of the time. Managing invoice sometimes can take away your energy but that what gets you paid for your work, after all hence, you can’t delay the task.

What matters is how efficiently you have finished your work and your accountability towards productivity. But in order to get rid of all these worries, you need to adapt to a small business billing app that takes care of all those little things that eat up your time. We would recommend opting for a cloud-based invoicing platform that not only optimally solves all your invoicing problem but also helps you in tracking many other things. Not sure what an online invoicing application can do for you? Then continue reading to find out the amazing feature benefits of adapting to the best invoicing app for your business. This electronic invoicing system or simply online invoicing allows you to send bills electronically. Not only it offers you numerous features like Payments, Estimates, Track Time, Expense Management, Import/Export & Print (if necessary) but also it saves you in postage, paper, and ink.

A survey data suggests that entrepreneurs and small or medium-sized enterprises can save up to 80 hours per month in just sending and receiving bills. You need to look for an invoicing solution that suits your personal or business needs. You will need something satisfying on the service aspect as well as device compatibility and even pocket-friendly. In such scenario rely on a trustworthy name such as ‘Moon Invoice’. Moon Invoice takes cares of your all kind of invoicing needs may it be large or small.

Following are few of the handy advantages of Moon Invoice:

Manage Invoices & Credit Notes effortlessly
Administer seamlessly Estimates & Purchase Order
Smart Filter option with 22 Professional PDF templates
Save time with auto invoicing numbering and avoid any critical financial data entry error with iCloud Sync feature
Manage Separate Customers & Vendors list
Track expense and payments
Add unlimited companies
Smart Quarter and Summary view
Create custom invoices with the option to add 2 different signatures, name, title, and date
One touch Backup & restore option with TouchID Protection
Customize PDF layouts, alignments, image, color and format

Moon Invoice is trusted by thousands of small business owners all across the globe. Moon Invoices is unique, as it is the only Native Invoicing App in the entire invoicing industry. In other words, Moon Invoice lets you access all the features seamlessly across any device, any platform. You can quickly prepare quotes for your clients and send them instant estimates that can easily be converted to invoices. Your clients can even pick one from many offered online payment methods.

You can even customize your invoices with personal branding even though if you don’t have the prior design experience required. Moreover, you can even set recurring bills in order to get paid on time to maintain the cash flow of the business. Additionally, you can even track time and expense so that you get accurately compensate for the work done. Once your invoices are sent, you can manage the rest business aspects through summary page report, payment reports, etc. You can even import/export and print the data.

Wrapping Up:

To run your business effectively and maintain cash flow efficiently, you’ll always be in need of proper tools such as a free invoice generator. Cloud-based invoicing solution provider Moon Invoice helps you with your daily business tasks and it also simplifies the process.

Moon Invoice offers you multiple payment options along with multi-currency support. With Moon Invoice you can work from anywhere by downloading apps available for all platforms, i.e, iOS, Mac OS X, Android, and Windows.

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.