For most new business owners invoicing is an unfamiliar concept, but it’s necessary to record specific details about various transactions.

They also prompt clients to make payments on time. Accurate invoicing can help you keep track of clients who consistently fail to pay within the agreed-upon period and can help you stay organized.

Never add to an invoice after it has been finalized and never create multiple versions of the same invoice.

Making changes to an invoice after submitting to a customer will only confuse you, your clients and your accountant. It will also make the accounts receivable process chaotic and inefficient.