If you have a wide variety of invoices for your business, one of the best ways to keep track of each invoice is to use an invoice tracking spreadsheet. This is one of the more cost-effective and simple ways to track your invoices. You can create an invoice tracking spreadsheet by following these easy steps.
You must first create a spreadsheet for your invoice tracking spreadsheet template. One way to do this is to download a free invoice tracking spreadsheet template from the internet. The file may have instructions on how to build it from scratch. Alternatively, you may be able to get a ready-made version that will work on your computer.
Next, write down every receipt that you receive from the customers. You need to keep a record of the date, time, name of the customer, reason for the purchase, and invoice number. This information will make tracking invoices easier. The list should include all sales made through your online store, as well as items bought from other vendors or clients.
Keep multiple sheets in a separate notebook for each invoice. Use the first sheet to fill in the information about the receipt and keep the name and other information about the customer. The second sheet will be for record-keeping.
The third sheet should contain a time-stamp and the other information about the receipt. You will want to place a map that shows the path that the customer took to the vendor’s location so that you can mark their path for future reference.
For each invoice, use a list to record the date and the invoice number. It is important to keep track of all incoming invoices to avoid repeating invoices. You should also keep track of the dates of sales as well as the payment due date.
In addition to keeping track of invoices, an invoice tracking spreadsheet template will help you keep track of payments. This will save you time when you are trying to calculate or send payment reminders.