![]() There are so many options available for payment these days. Plus, if payment is easy and convenient, they’re more likely to pay you on time. This will make your clients far more comfortable because you’re considering their convenience. In this day and age, it’s incredibly important to have multiple payment options. You can use a code that’s specific to each client and an overall numerical sequence to make it easier to track invoices. If you have a lot of different clients or are sending out upwards of 15 invoices a month, you might want to consider going for an alpha-numerical system. Start with 001 for your first invoice and keep counting up on each subsequent invoice. ![]() If you aren’t sending out a lot of invoices each month or have too wide a range of clients, then you can stick to a simple numerical system. If you don’t have a tracking system, then you won’t be able to tell which invoices have been paid and which ones are still outstanding.Įach invoice you create should have a unique number or code assigned to it. One of the most vital elements for any business-from freelancers who work from home to massive corporations-is knowing what invoices have been sent out and when payment is due. Will you only ask for payment after a project is completed? Or will you ask for a deposit upfront and then the balance on completion? Create a method for tracking invoices and payments received Other options include terms such as due on receipt where the client must pay immediately and end of the month, where payment is due on the last working day of the month.Īt this stage of setting up your payment system, you also need to decide when or how you’re going to invoice. In your payment terms, you tell the client that the invoice is due a set number of days after the date of the invoice. The most common option for project-based work is to use a net days set-up. The option or options that you choose for your graphic design business will depend on the type of clients you have and the type of projects they bring you. There are a number of ways that a freelancer can get paid. Decide on your payment structure and terms But don’t worry! In our guide, we’ve outlined some steps for you to follow to make creating a fail-proof payment system simple. ![]() Yes, it takes a bit of effort and logical thinking to get your system setup. It also doesn’t leave much room for creativity.īut battling with invoices and payment systems doesn’t have to be an ongoing battle.Īs a freelancer with sought-after skills, it’s actually surprisingly easy to set up a proper payment system that ensures your clients know what’s expected of them and that you get paid what you’re worth, on time. It’s a mundane, tedious task that can be time-consuming and tricky. Just about every freelance graphic designer finds invoicing a challenge.
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