Category: Bookkeeping

  • Invoice Number: Definition, Examples & Best Practices

    FreshBooks’ invoicing system helps you track old invoices, avoid duplicate payments, and prepare for future invoices. There’s no universal format that every business follows to number invoices, but consistency is vital. Still, each new invoice you issue should follow a chronological invoice numbering system where the number increases sequentially from the previous one. A client…

  • Accounting for Startups: The Essentials Every Entrepreneur Must Know

    First, you can scale services up and down according to your business needs. Second, if you have distributed teams, they will handle the headaches of paperwork that comes with that. By integrating the software, you can connect your finances to the vital data on customers, inventory, and other aspects of your business. It also makes…