What’s the Difference Between an Invoice and a Receipt?

What’s the Difference Between an Invoice and a Receipt?

There are several significant differences between invoices and receipts that as a business owner it’s important to understand. But once you’ve got your head around it all, you’ll find it much easier to maintain good business practices and financial records. Quite simply, an invoice is sent to request payment for a particular product or service….

Pandle Update: Reducing the Risk of Payment Reminder Errors

We’re big believers in automating bookkeeping processes rather than doing things manually, so you have more time for the juicy bits of running a successful business. Features like our Payment Reminders are key to freeing up your time, but we’re aware that automating these time-saving activities also has the potential to create unwitting errors in…

Improving Your Invoice Address Formatting

Pandle Update: Improving Your Invoice Address Formatting

Pretty much everyone who runs a business knows how important their brand’s public image is. It tells customers what you’re like to work with, and what they can expect from you. Even the most laid-back businesses need to demonstrate reliability, so clients know they can trust them. Looking professional is crucial, right down to the…

What Does the Prompt Payment Code Mean for my Small Business?

What Does the Prompt Payment Code Mean for my Small Business?

Late payment is a real problem for small businesses, with the COVID-19 pandemic only amplifying this over the last twelve months. The Prompt Payment Code (PPC) is setting out to make a difference, with companies signing up to the scheme pledging to pay on time. What is the Prompt Payment Code? The Prompt Payment Code…

How to Generate an Invoice - Best Practice Good Habits and Time-Saving Tips

How to Generate an Invoice: Best Practice, Good Habits and Time-Saving Tips

Invoicing is a bit like doing the weekly shop. It’s process you’d really rather not have to carry out, but which is a means to a rather appealing end. In the same way you might need to face the supermarket to stock the food cupboard, you’ve got to go through the invoicing motions to reap…