Invoicing tool
Thread poster: GP Translations

GP Translations  Identity Verified
Mexico
Local time: 12:03
Spanish to English
+ ...
Apr 14, 2014

Does anyone know how to produce an invoice without Due Date and Terms fields? I don't really need them as we never agreed on a date for payment and I don't even understand the terms field.

Direct link Reply with quote
 

Nicole Schnell  Identity Verified
United States
Local time: 10:03
English to German
+ ...
Why would you want to omit the payment terms? Apr 14, 2014

Hello Geraldine,

the "terms" field is highly important because this is where you state that you want to be paid within, say, 30 days from invoice date. Or within 45 or 60 days or within two weeks. The due date is the day when you expect a check in your mailbox, based on your payment terms. Why would you, of all things, omit this part?


Direct link Reply with quote
 

Charlotte Farrell  Identity Verified
United Kingdom
Local time: 18:03
Member (2013)
German to English
+ ...
Don't remove them! Apr 14, 2014

Nicole Schnell wrote:

Hello Geraldine,

the "terms" field is highly important because this is where you state that you want to be paid within, say, 30 days from invoice date. Or within 45 or 60 days or within two weeks. The due date is the day when you expect a check in your mailbox, based on your payment terms. Why would you, of all things, omit this part?


I agree with Nicole - it doesn't make any sense to remove these parts. Without a due date, invoices are not even valid in certain countries, so it's very important to have one. Also, without a due date, what's to make the client pay? The payment can never be late if a deadline is never set. If you absolutely don't care about when you get paid, then set a date three months from now. Most common seems to be 30 days from month end (i.e. you'd put a due date as the end of May if you sent an invoice now).


Direct link Reply with quote
 

Sergei Tumanov  Identity Verified
Local time: 20:03
English to Russian
+ ...
terms vs. due date Apr 14, 2014

These are important fields

When a seller prepares his/her invoice, it is prudent to set certain date when the invoice is due. If such date is not explicitly mentioned a customer is not obliged to pay on time (as there is no due date at all on the invoice).
Reference to current legislation in force does not help much.... if the invoice is not paid when the seller wants it be paid

The seller can make it in two ways -- filling either the field 'terms' or the field 'date due' up.

Filling the field terms is convenient for the seller. E.g. if the invoice is made up on the 17th April it's hard to say when it is due (some additional calculation is needed) at once, but it is very easy to select payment terms '37 days net' in the box in the screen.

However, when the customer receives this invoice the burden of calculation is totally on him/her. It is polite therefore to put the due date in the invoice -- the customer knows that the invoice must be settled on 24th May without any math.

Well designed bookkeeping packages allow users to fill up the field 'terms' on computer screens (convenience for the user) when issuing invoices. But when the invoice is printed out, it's the field 'due date' that appears on it (convenience for the client).

I would recommend to fill both fields as a good practice.

[Edited at 2014-04-14 09:48 GMT]


Direct link Reply with quote
 

Sergei Tumanov  Identity Verified
Local time: 20:03
English to Russian
+ ...
there is the better way Apr 14, 2014

Geraldine Pugh wrote:

Does anyone know how to produce an invoice without Due Date and Terms fields? I don't really need them as we never agreed on a date for payment and I don't even understand the terms field.


If you really do not need these fields leave them empty. It's a normal business practice not to fill all fields in the invoice.


[Edited at 2014-04-14 10:07 GMT]


Direct link Reply with quote
 


To report site rules violations or get help, contact a site moderator:


You can also contact site staff by submitting a support request »

Invoicing tool

Advanced search






TM-Town
Manage your TMs and Terms ... and boost your translation business

Are you ready for something fresh in the industry? TM-Town is a unique new site for you -- the freelance translator -- to store, manage and share translation memories (TMs) and glossaries...and potentially meet new clients on the basis of your prior work.

More info »
Across v6.3
Translation Toolkit and Sales Potential under One Roof

Apart from features that enable you to translate more efficiently, the new Across Translator Edition v6.3 comprises your crossMarket membership. The new online network for Across users assists you in exploring new sales potential and generating revenue.

More info »



Forums
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search