Business Sales Invoice is one part of the process. Keeping track is another. If you are just starting out, you might have reliance on the spreadsheets and various invoice individually for invoicing your customer. However, you might also require a tracker template to keep track of all the invoicing activity in your business.
Also check out business invoice format with tracker in Excel.
This is a simple invoice tracking template in Excel Format. This template is useful when you have to share Statement of Accounts (SOA) to your customer on monthly or annual basis. However, you can modify this template to create your own personalized invoice tracker for all customers. You can include following details in this template;
- Name of your company, address and other information
- Name of customer, address and other information
- item number, invoice number and description
- Quantity, unit price, discount and price
- Tax rate
- sales tax amount
- Total (Post adjustment of tax, discount and deposits)
Tracking invoice has two purpose, one is the adequate reconciliation with the customer and another is receivables management in efficient manner. Hence, every business should have tracker of invoices as a good business practice. Monthly or periodic management information system (MIS) also should include information of receivables, received and over due amount for better decision making. Explore other invoice templates by FormatWorks.
