Businesses use invoices when a product is bought or sold to express the terms of the transaction. The seller creates and issues an invoice to the buyer with the details of the transaction including the names, addresses, and contact information for both parties. The document will also include key information about the transaction like a detailed description of the product or service that was purchased, the purchase price, and the terms by which the seller accepts payments.
Here is a downloadable sample invoice template that you can use in your business. It doesn’t matter whether you are self-employed or just own a small business. Creating a custom invoice can be difficult if you aren’t good with excel. Here’s an example for you to use that can be customized to fit your business.