Small businesses can use Excel invoice templates to issue clear and accurate invoices to their customers. Usage of Excel invoice templates helps to streamline the invoice creation process.
Step 1: Open Excel- Click on file > new template.
Step 2: Search invoice templates- Use the search bar at the top to populate various invoice templates.
Step 3: Scroll through various invoice templates. Choose the one which is appropriate for your business needs. Click on create and update invoice details.
Step 4: Start customising the invoice- Place the company logo, add business contact details and then update various invoice details such as invoice number, date, type of goods, amount, tax payable, payment terms, etc.
Step 5: Save the invoice- After updating all the essential data, save the Excel invoice in a .xlxs format if you want to alter it later. One can also save the same in PDF format for sharing it with customers.
Below are some of the tips to easily maintain invoicing in Excel:
Below are some of the invoicing templates used in Excel:
Invoicing in Excel is a good start but as and when the business grows, it becomes inevitable for a business to opt for smarter solutions.
ClearOne helps to create professional-looking invoices. It customises the invoice as per the business requirements and thus helps create a brand image for the customers. Some of the features of using ClearOne invoicing software are:
Small businesses can benefit from using Excel invoice templates to streamline the invoice creation process. Tips for easy maintenance include creating a list of goods sold, setting payment due dates, and creating an invoice header. Challenges of using Excel for invoicing include time-consuming manual data entry, privacy and security issues, and difficulty in tracking versions. ClearOne software offers features like creating various billing documents, reports for GST filing, and easy sharing options.