Creating and managing invoices effectively is essential for freelancers to ensure timely and full payments. This guide outlines the basic rules for electronic invoicing, helping you make the most of tools like Archway.Finance. From choosing the right invoice generator to customizing templates and tracking payments, learn how to streamline your billing process and secure your earnings with ease.
As a freelancer, it is of great importance for you to ensure you get paid a full amount for your job on time. For that, you need to send invoices to your clients and provide clear information on the billing process. The contents of these invoices are very situational, but in this article we will outline basic rules you should follow. We will focus on electronic invoices so you are able to receive long-distance payments and fully utilize Archway.Finance as a financial partner in your work.
There are many useful tools on the internet for generating invoices, such as Wave, Stripe, QuickBooks or PayPal. Some of them even have decent record keeping and accounting interfaces. However, these platforms do not provide all-in-one solutions for receiving payments and may not be available in your region.
Archway.Finance, on the other hand, is specifically designed to provide services in countries with developing or temporarily stunted financial systems, takes care of every step of billing process, up until the funds landing safely in your wallet, offers its services at a flat fee below market’s average and make invoicing in particular a streamlined natural process. We will be using our platform as an example in the following steps.
Once you have set up an account and completed a short KYC process with Archway, we provide you with free templates, which you will fill with relevant information depending on the service you provide and clients you are billing. This information usually includes:
Make sure to double-check all the information, creating this document with accuracy and attention means you will get paid faster and there will be no complications.
You won’t have to request confirmation that the client has received the invoice if you use our software. You should, however, keep in touch with the client to resolve any complications if the payment is running late. Our app will notify you of overdue payments, helping you to keep track of your invoices.
As your clients fulfill the invoice in fiat currency through their banking system, Archway.Finance will convert these funds into USDT and deposit them to the wallet of your choice in a seamless and intuitive process, with a 2% total fee. Make sure to account for it when setting your prices.
Every invoice you send through our system will be kept in your personal records, available through our dashboard. You can review them for future references, accounting and taxation purposes at any time. Their unique number, contents and status (pending or fulfilled) are listed in a convenient manner.
Yes, electronic invoices are incredibly easy to create if you know all the relevant information about the transaction. You can use any free invoice generator to create professional invoices in pdf format, or use tools integrated into your finance apps, like Archway.Finance.
Take a free invoice template we provide as a customizable baseline and fill it with client's details, like a company name and services provided. If it is a recurring client, use our client profile functionality. Assign it a unique invoice number. There is not much more to it, create and send!
You can create invoices to a recurring client, that you will be able to send whenever you need, and you can customize them prior to sending, for example, by updating the goods and services listed on these documents.
