@tracy_xoxo wrote:
Hi, has anyone here created a Draft Invoice before? If so, could you please walk me through your process?
I'm quite concerned about handling payments properly, do we need to send an order confirmation beforehand, or is there anything else I should be aware of?
Thanks in advance!
Creating a draft invoice is a vital step for clarity before formal payment. It's a preliminary document, clearly marked "DRAFT," containing all final invoice details except the official invoice number, used for client review and internal approval. Crucially, **always send an order confirmation beforehand** to set expectations and confirm agreed-upon details. For proper payment handling, ensure your invoices include clear payment terms, accepted methods, and a due date. Promptly send payment confirmations/receipts upon receiving funds and rigorously track all payments to reconcile them. Finally, maintain meticulous records, ensure GST compliance, and manage any international payment considerations to ensure a smooth and professional financial process.
