Invoices are used the world over to track your business' sales and health. Businesses in South Africa are no different. Depending on your type of business, you might need consulting invoice templates, or ones for a service or retail business. They can be great tools to help you issue invoices quickly and painlessly.
Before you create or download a free invoice template, however, it's important to pinpoint what kind of invoice you really need. There are several popular types of invoices that South African businesses might use. Your business may issue any number of them, or even receive them from your own partners and suppliers.
A sales or purchase invoice is your most common and basic type of invoice. While sellers refer to it as a sales invoice, the buyer calls it a purchase invoice. However it's called, it serves as a proof of purchase or sale for either party.
Commercial invoices are also common in South Africa due to international trade. Commercial invoices are used to determine custom duty and contain detailed information on goods, quantities, packaging format, and total value.
For persons billed hourly, a timesheet invoice is an important document that details hours or days worked. This is used in many industries where both contract employees and skilled professionals are hired.
Credit invoices are used by businesses in case there have been previous invoicing errors, in order to provide discounts or refunds to their customers.
On the other hand, if goods purchased are damaged or otherwise not in an acceptable state, businesses may issue credit memos for the same amount of money that the damaged goods amount to.