{"id":8827,"date":"2020-09-25T06:30:59","date_gmt":"2020-09-25T06:30:59","guid":{"rendered":"https:\/\/www.mooninvoice.com\/blog\/?p=8609"},"modified":"2022-09-06T06:39:03","modified_gmt":"2022-09-06T06:39:03","slug":"9-common-invoicing-mistakes-that-you-should-avoid","status":"publish","type":"post","link":"https:\/\/beta.mooninvoice.com\/blog\/9-common-invoicing-mistakes-that-you-should-avoid\/","title":{"rendered":"9 Common Invoicing Mistakes That You Should Avoid"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">So you have done the work, sold the products and services and the time to get paid for your efforts has finally arrived.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><b><i>Sounds awesome?\u00a0<\/i><\/b><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Well, indeed it is!<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">However, pardon us, as we might just burst your bubble with commonly made bloopers in invoicing that can set you back professionally and tarnish your relationship with clients. Cease to fear amigos, as we are going to help you identify and fix the same effortlessly!\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Whether you are a freelance writer or a bootstrapped startup entrepreneur, money is the most essential part of your business, because hey, it would be charity had we been doing it for free! Ensure that you get paid on time for your work and the first step towards receiving the money begins with building the perfect, error free invoice.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Psst! May we suggest the awesome, par excellence and trusted by millions <\/span><a href=\"https:\/\/www.mooninvoice.com\/payments\" target=\"_blank\" rel=\"noopener noreferrer\"><b>online invoice payment processing app<\/b><\/a><span style=\"font-weight: 400;\">, none other than Moon Invoice.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><b><i>Happy reading!<\/i><\/b><\/p>\n<p>&nbsp;<\/p>\n<h2><b>Common invoicing errors and bloopers that you can totally give a miss!<\/b><\/h2>\n<p>&nbsp;<\/p>\n<h3>Blooper 1. Delaying sending your invoice<\/h3>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Assumption and business don\u2019t mix. You may share a wonderful relationship with your clients, however if you forget to bill them for your services, they may just conveniently forget to pay you!\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">It\u2019s pretty much as logical as 1,2,3. Make invoicing your priority because you deserve to get paid, and yes, on time too! We will get to that bit later.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">A missed invoice can significantly affect your cash flow. The faster you deliver your invoice, the better are the chances of you getting paid, well before the due date.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h3>Blooper 2. Lack of legal contracts &#8211; Because you need more than the credibility of the spoken word to rely on!<\/h3>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Before you start working on a client\u2019s bespoke requirements, ensure that you guys chalk out a detailed contract that puts both the parties on an equal footing. Curate specific terms about accepting invoice payments online and the preferred modes of payment beforehand.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">In case the grapes turn sour, you will always have paperwork to back your stand.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h3>Blooper 3. Send the invoice to the wrong department or person<\/h3>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">So you think that you have sent your invoice to the right person in the right department and are probably chilling with a chilled beer expecting the payment credited message any time now.\u00a0<\/span><br \/>\n&nbsp;<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-full wp-image-8603\" title=\"Send invoice to wrong person \" src=\"https:\/\/www.mooninvoice.com\/blog\/wp-content\/uploads\/2019\/12\/Send-invoice-to-wrong-person.jpg\" alt=\"Sending an invoice payment to wrong person\" width=\"1100\" height=\"450\" \/><br \/>\n&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Well, if you still haven\u2019t received your payment past due date, you should probably have a look at the name and designation of the person the invoice has been billed too.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">If you are dealing with a large organization, they probably have a particular finance and payments department in place for dishing out month end payments. Sending an invoice to the wrong department reeks of unprofessionalism. So ensure that you check and recheck your invoice before hitting that send button!<\/span><\/p>\n<p>&nbsp;<\/p>\n<h3>Blooper 4. Sending out a tardy, incomplete invoice<\/h3>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">You need to take invoicing seriously for your clients to take paying you on time seriously as well. Error riddled, spelling mistakes plagued, un-detailed invoice will only leave a not-so-good impression on your clients.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Ensure incorporation of the details that your client or rules of governance of your country might require on a model invoice. They could include the following particulars;<\/span><\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Physical address of the payer and the payee<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Business brand name and telephone\/fax no., email ID<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Invoice number (we couldn\u2019t stress the importance of this one enough!)<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Name, designation and department of the individual the invoice is being billed to<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Invoice date<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Due date<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Payment terms<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Mode of payment<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Detailed itemization of the products\/services supplied<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Looking for the best <a href=\"https:\/\/www.mooninvoice.com\/blog\/common-challenges-with-legal-billing-the-payment-collection-process\/\" target=\"_blank\" rel=\"noopener noreferrer\"><b>client payment tracker app<\/b><\/a>?<\/span><span style=\"font-weight: 400;\">? Try Moon Voice for sorting all your invoicing issues.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h3>Blooper 5. Forgetting to mention a specified due date for payment<\/h3>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Do not by any chance, fail to mention the due date on your invoice. When you send \u201copen invoices\u201d with vague payment terms on it, your invoice can always be open to interpretation.<\/span><br \/>\n<span style=\"font-weight: 400;\">The phrase \u201cas soon as possible\u201d may translate into an immediate payment for one and a thirty day period for another. You have got to be specific, with a date mentioned clearly under the due date column.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Refrain from using terms like \u201cNet 30\u201d, as many might not be privy to such terms.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h3>Blooper 6. Lack of detailed itemization on your invoice<\/h3>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">When you visit a departmental store, you always ask for the bill before shelling out the dough. Same is the case with your client.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">He\/she would like to know exactly what they are paying for. Chances of reverting to and clearing a bill that has a vague lump sum amount mentioned on it are bleeker.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Ensure that you mention the details of each product sold or service rendered with the requisite amount of man-hours, price per unit, total price duly mentioned.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">If you make it a practice of sending out detailed invoices, you will have to field off lesser query mails regarding items mentioned on your invoice.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h3>Blooper 7. Lack of basic etiquettes in your invoice<\/h3>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Mind your P\u2019s and Q\u2019s and you are pretty much good to go! We humans are wired to respond positively when addressed in a friendly or pleasant manner.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Including phrases like \u201cthanks for your business\u201d or \u201cplease credit payment by\u201d, go a long way in building a good rapport that goes the extra mile.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<h3>Blooper 8. Forgetting to follow up<\/h3>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">As you don multiple hats in an endeavor to make ends meet, you tend to let the seemingly little things such as following up on that last invoice slip through the crevices of your overworked mind.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-full wp-image-8602\" title=\"Forgot Follow up \" src=\"https:\/\/www.mooninvoice.com\/blog\/wp-content\/uploads\/2019\/12\/Forgot-Follow-up.jpg\" alt=\"Invoice payment Forget to follow up\" width=\"1100\" height=\"450\" \/><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Plan as much as you can and do remember to drop in on that unpaid bill and send regular reminders till the payment gets credited.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h3>Blooper 9. Sending out invoices riddled with silly mistakes<\/h3>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">In the world of business as in life, time is money. Don\u2019t waste the precious time of self and others by rectifying and resending error riddled invoices over and over again.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Try to get the information right in the first go as it spells professionalism and ingenuity.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<h2><b>Wrapping up<\/b><\/h2>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">To sum up, your invoice represents way more than your claim at a fair price of your services rendered and goods sold. It speaks multitudes regarding values such as professionalism, transparency and politeness. First impressions are pretty much the last, and don\u2019t mess up yours with a tardy bill!<\/span><br \/>\n&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>So you have done the work, sold the products and services and the time to get paid for your efforts has finally arrived.\u00a0 &nbsp; Sounds awesome?\u00a0 &nbsp; Well, indeed it is! &nbsp; However, pardon us, as we might just burst your bubble with commonly made bloopers in invoicing that can set you back professionally and&hellip; <a class=\"more-link\" href=\"https:\/\/beta.mooninvoice.com\/blog\/9-common-invoicing-mistakes-that-you-should-avoid\/\">Continue reading <span class=\"screen-reader-text\">9 Common Invoicing Mistakes That You Should Avoid<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":8840,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[325],"tags":[326,283,327],"acf":[],"_links":{"self":[{"href":"https:\/\/beta.mooninvoice.com\/blog\/wp-json\/wp\/v2\/posts\/8827"}],"collection":[{"href":"https:\/\/beta.mooninvoice.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/beta.mooninvoice.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/beta.mooninvoice.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/beta.mooninvoice.com\/blog\/wp-json\/wp\/v2\/comments?post=8827"}],"version-history":[{"count":1,"href":"https:\/\/beta.mooninvoice.com\/blog\/wp-json\/wp\/v2\/posts\/8827\/revisions"}],"predecessor-version":[{"id":8841,"href":"https:\/\/beta.mooninvoice.com\/blog\/wp-json\/wp\/v2\/posts\/8827\/revisions\/8841"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/beta.mooninvoice.com\/blog\/wp-json\/wp\/v2\/media\/8840"}],"wp:attachment":[{"href":"https:\/\/beta.mooninvoice.com\/blog\/wp-json\/wp\/v2\/media?parent=8827"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/beta.mooninvoice.com\/blog\/wp-json\/wp\/v2\/categories?post=8827"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/beta.mooninvoice.com\/blog\/wp-json\/wp\/v2\/tags?post=8827"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}