Invoices are part of a correct business administration. Your company details (including name and address details, Chamber of Commerce number and VAT number) must be included in full, whether you are the customer or the seller.
SBS Consulting provides incorporation services to Singapore-based companies. Additionally, we also offer secretarial, bookkeeping, accounting, taxation, GST, XBRL, and payroll services.
When we talk about invoices that you write out, this can take a lot of time. For one customer, that time investment may seem negligible, but if you add up all those moments, that is a lot of non-billable hours. Time that you could spend much better on your core activities, right?
Online bookkeeping makes it possible to spend much more time on your core business . Online accounting programs can take a lot of work off your hands. For example, when issuing invoices. With user-friendly templates and buttons for frequently sold products and services, you can put together an invoice in just a few clicks. The program then emails the invoice to the customer, with an iDEAL link for quick payment.
Linked to your bank transactions
But accounting software does more than create and send invoices. You can also link it to your business bank account, which allows it to track whether your invoices have already been paid (and whether you have paid your invoices). Loitering debtors receive a reminder and when it is time for the VAT return, for example, you are reminded of this – and helped with it.
All in all, online accounting has become an indispensable tool for SMEs and freelancers. You could say that the longer you wait, the more money you lose through lost hours and costly mistakes. So the only question is which accounting package can best help you with, among other things, making invoices. A question that does not seem easy to answer due to the large number of cloud accounting software providers.
Choose the best package
You can choose from many software packages for creating invoices and, among other things, keeping track of payments. The nice thing is that they are online and you don't necessarily have to be at the office to send an invoice. In fact, some providers even offer a mobile app, so that you can send an invoice directly to the customer, or from the train, or from the airport.
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We compare all those online bookkeeping tools on this page, so that you make an informed choice. When you have found the best package for your situation, simply click through to the provider to create an account.
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