#Billing vs invoicing registration

You can do this in advance in your quotation and general terms and conditions. Then the invoice must be sent before 15 September.Ĭlearly state when the invoice must be paid. This is called the issue date and is determined by the Tax and Customs Administration.Įxample: You completed your assignment on 5 August. In any event, send your invoice before the 15th day of the month following the month you delivered your product or service. Your work or delivery will still be fresh in their memories. Send the invoice to your customer as soon as possible after finishing the job. Send your invoice right after finishing the job This invoice example from the Netherlands Chamber of Commerce KVK (pdf) helps you create your own invoice format. If you invest in the format and layout of your invoice from the start, this will save you time later on. At a glance, your customer can see the amount to be paid, the payment term, and your bank account details or payment link. Your logo and company name need to stand out immediately. Make sure your invoice has a clear layoutĪn invoice must look clear and well-organised. Use these 10 questions to determine which actions will help you be GDPR-proof and avoid any fines. For example, when you process customer information to draw up an invoice, that already falls under the GDPR. You also store personal data in your records. You have to be able to prove exactly what you use (potential) customer data for and how long you store the data. Anyone who works with personal data must comply with the GDPR. The General Data Protection Regulation (GDPR) is the privacy law that applies for all entrepreneurs since May 2018. Which goods or services you have supplied.Is the invoice amount, including VAT, less than €100? Then you can write a 'simplified' invoice (in Dutch), with at least the following information: Purchasing invoices must be kept in the administration. Your invoice does not have to comply with the invoicing requirements. You can explain this by stating that you are exempt from VAT. If you do, do not include a VAT percentage or VAT amount. Tip: are you making use of the Small Businesses Scheme (KOR)? You do not have to send an invoice but you can. You can find all the invoice requirements on the website of the Tax and Customs Administration. Your name and address and that of your customer.The invoice date and number (your invoices must be consecutively numbered).

#Billing vs invoicing registration

Your KVK number (from your registration in the Commercial trade Register).

Your VAT identification number and the VAT amount.

Specialized SaaS (Software as a Service) companies ensure that invoicing is now automated, secure, and instant, so you can invoice on the move.The following must be stated on your invoice:

Invoicing in the modern world has gone mobile. Online invoices are paperless as the invoices are sent through email, and payments are made online.

The advent of the internet led to better, more secure, more green ways to communicate with clients. Invoicing became cheaper, easier, and faster with electronic invoices. The invention of computers brought about the next big change in invoicing. This revolution was triggered by the desire to reduce traditional costs and labor. These invoices contained most of the elements of a modern invoice and used signatures or seals. Invoicing later evolved to hand-written invoices on animal skin, parchment, or paper. The merchants used to carve details of transactions on clay or stone tablets using the earliest form of math. Invoices and records of transactions were made as early as 5000 BC in Mesopotamia.