By On Nov 30, 2018 Free Templates
Stripe provides two types of invoices based on the frequency of payments. It can be a one-time charge or an amount that a customer has to pay on a regular basis, like a subscription. In both cases, the software creates a Stripe invoice every billing cycle.
Invoice terms depend on common practices of your industry, your relationship with the customer, and your cash flow needs. For example, “Net 30” means that the invoice is due 30 days after the Invoice Date. Be mindful some businesses may pay later than the stated due date, so you may want to include a buffer to keep your business free from a cash flow gap.
Some businesses offer a discount to customers who pay early or on time to help steer them towards payment. Others set up an automated email response to let their customers know as the due date for an invoice approaches or reminds them to pay when the outstanding balance becomes past due.
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