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Definition of an Invoice

What actually is the Definition of an Invoice 

An Invoice is an accounting tool of what the transaction was about. So let’s look into it, what’s the definition of an invoice anyway? Well, this according to  Webster’s Dictionary Online an invoice is an itemized statement of money owed for goods shipped, or services rendered. A written account of the particulars of merchandise shipped or sent to a purchaser, consignee, factor, etc., with the value or prices and charges annexed.

The lot or set of goods as shipped or received; as the merchant receives a large invoice of the goods.

One area on the invoice should include, who t send a bill to; “She invoiced the company for her expenses.” To make a written list or account of, as goods to be sent to a consignee; to insert in a priced list; to write or enter in an invoice. The base verb from the following inflections: invoicing, invoiced, invoices, invoicer,  and invoiced.

The word can be used as a Noun: as in “the invoice is ready.” Or it can be used as a Verb: as in, are you invoicing the customer?

Today; however, with the advent of computers, it’s possible to send them directley to customers via email.

In the past, much of this was done on paper. Today that’s no longer the case.

Why use snail mail when It’s much easier to use your Smartphone  All you’ll need is an app on your phone that allows you to send it to customer’s right from your phone.

What to do?

So how is this accomplished? When you create the job file, that data is saved and when your ready to send an invoice that information is brought over and builds the invoice that you’re sending to your customer. Then the app just uses the email account that you have set up on your phone, so it will show up as coming from you.

Most of us today receive our invoices right on our phones anyway, gone are the days when we needed to go to our home computers to receive our emails.

We recommend to people that you use an app to invoice since this creates a record for you, as well as a copy for your customer.

Please consider using the Profit Pal Mobile Invoicing App as it does all of the above.

 

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Categories
Business apps

Free Invoicing Apps

Free?
Free?

Free Invoicing Apps Can There Really Be Something for Nothing?

So what are these free apps all about? Well, there are no free apps, in reality, they will get paid somehow!

It seems that in this day and age everyone wants to get something for nothing. Thus that’s why the pervasive amount of free stuff out there.

Can anything really be free? How would the code writers of those apps get paid?

This article is about all of the free apps out there.

Yes, I’ll admit it is tempting even for me to download some of the free apps out there. That is until I think about it. Common sense will tell you these apps have to get paid for somehow.

I can remember what my dad once told me when I was a little guy, he said, ”Son, you get what you pay for.” How true that is.

So I quickly came to my senses and realized that there has to be a gimmick since no one is going to do all of that work of creating those apps to give them away for free.

How Do They Get Paid?

So let’s take a look at just one of the ways they get paid. And if you’re still interested in downloading them, then that’s OK, because at least you’ll know what you’re getting into.

It’s important for you to know that one of the ways they pay for the apps, is to place banner ads in them.

These are the ads that you see on the screen they are usually at the bottom of the screen so as to not to be too intrusive. Sometimes they may be at the top of the screen as well. 

Remember, I don’t know about you, but I do know that popup adds can really annoy me. Since I am always being careful not to hit that banner since it will take me somewhere else.

And cause me to waist a lot of my time.  And since it’s not so easy to get back to what I was doing.  

And in business, as they say,” time is money” and I can’t afford to be wasting mine.

Now you should have a better understanding of the subject and you can make an informed decision. So if it’s worth it for you to download free apps, at least you know what you are up against.

Doing Business

I don’t know about you’ but for me, I would want a professional business app, one like the Profit Pal Mobile Invoicing App. I would rather pay a little and have an app that’s not trying to get me to click on banner ads. 

Wouldn’t you rather have a one-time price and be done with it! And you would be able to use it without those pesky ads in it that can be so annoying.

This is why we put in the pricing structure that we did. It’s not a lot of money just enough to make it profitable enough to support the app. That’s why priced our app the way we did.

The Profit Pal Team

https://profitpal1.com

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Latest on the Profit Pal App Latest Post

Company Invoice Template

Invoices

New company Invoice Template

First a  great feature of the Profit Pal App, is the Create Company Invoice Template feature. This feature allows you to create your companies invoice template. Once created and saved this information will go into each invoice you create to give to your customers. When you tap on the invoicing tab, you will see a button at the top of the page titled Create Company Invoice.

It’s pretty self explanatory, just fill in the boxes with your companies information such as company name, address, phone numbers, etcetera. Tap save and your company template is saved.

Using the New Invoice Feature

Once you have set up your company template you can then create invoices. Whenever you want to create an invoice for your customer, you will tap New Invoice and the invoicing feature automatically creates the invoice Number. It’s a rolling counter i.e. ,0001,0002,0003, and so on. Next select the date, it will be showing the current date select that or change to a date of your choosing. Next from the saved jobs list select the current job you want to invoice, tap calculate (it puts the data from that job into the invoice) and then tap the Save button. Your new invoice will be ready to be viewed, sent, or printed.

Profit Pal App Tutorial Click Here!

Hope this was helpful. The Profit Pal App Team

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Plumbers, Do You Know Where Your Profits Are?

 

Plumbers, do you know where your Profits are coming from?

Plumber’s stop wasting your effort and start maximizing your time…

Plumbers, you should know where your profit areas are. It’s important to help you to succeed. Isn’t it time you stopped second-guessing your business profits. It’s important to know where your profit areas are.

It’s easier than you may think. Especially when you take into consideration all of the areas that you can be making more on.

If You’re Not Taking Advantage of Profit Areas You’re Leaving Money on the Table

Many of you plumbers aren’t taking advantage of things like the expense of operating your work vehicle. Your vehicles, travel expense just to name one.

You have to consider why you’re going out there and working every day, and it’s not for your health!

Cost of Getting the Materials’

Materials are another area you may be neglecting. The material’s markup fee can be another profit area for you! After all, didn’t you go and pick up those parts that went into the job.

You’re entitled to make money on these areas as well. You shouldn’t feel bad to charge fairly for these.

As a plumber, you really should look into whether any of these areas have been overlooked in your billing. If you really take a closer look at your invoice billing you’ll see that I am right about this.

When you think of why you’re on the job when you are traveling to the job location for the customer?

Vehicle Replacement

Vehicle replacement is another important area many don’t consider. There will come a time when you’ll need to replace that work vehicle.

And wouldn’t you feel much better knowing that you already accounted for that cost? That vehicle that you use each and every day will need to be replaced at some point, and you’ll be ready for that expense?

How to Make Your Billing More Profitable’

There are lots of ways you may not have considered to make your billing be more profitable. You just need to look for things in each area of the work you do. 

We want to help you with this process. And it’s all built into our app.

That’s why we created the Profit Pal App in the first place. It was designed to guide you through the process and allow you to account for all of those individual profit areas.

Things like hourly rate, travel expense, materials, taxes, are just a few.

The app lets you keep the data on an Excel spreadsheet, so you can know how much you’re making. Not to mention you can use the report for your accounting.

You really should get this App today, and watch as your business automatically becomes much more profitable’.

The Profit Pal App Team

This App is available for both Android & Apple. 
So whatever device you're using the app will work for you!

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