As the demand for jewelry is increasing in the market, small jewelry-making businesses are growing in the U.S. When the sales of jewelry are increasing, handling invoices manually can be a difficult task for the jewelry business. This is because creating each invoice manually takes considerable time and will slow down your work. When you enter details manually there is a chance for mistakes like incorrect pricing, missing details, or wrong invoice numbers. These mistakes can slow you down when receiving payments, which will eventually affect your cash flow. So, how to send an invoice without any delays or mistakes?
With Zil Money, you can effortlessly create and send invoices to your clients and easily receive payments. The platform allows you to create invoices instantly. After that, send them to your clients via SMS or email. You can also send invoice payments to your vendors on the platform.
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Create Your Invoices Effortlessly
When you own a small jewelry-making business, you will have orders from different small and large-scale jewelry shop owners. Here, you will have to create an invoice to request payments from them. As your business starts growing, the volume of invoices also increases. If you are creating invoices manually, it will be a hassle and time-consuming process. This can eventually slow down your payments and affect your cash flow. So, what to do?
With Zil Money, you can easily create invoices and send payment requests. The e-invoicing feature of the platform helps you easily create invoices. Let us see how to create an invoice on the platform:
- Click on the Receivables option on the side panel of the UI.
- From the drop-down, click on the Invoice, and you will be taken to the invoice page.
- On the invoice page, click on the New button to create a new invoice.
- You can then easily add all the necessary invoice information and save it or send it right away.
- Once you create the invoice, it will appear under the invoice list. You can print, mail, SMS, email, void, and delete invoices from there.
- If you do not have time to create an invoice, you can also import the invoice to the cloud-based platform. You can easily integrate your accounting software into the platform and import invoices from this software to the platform.
Receive Payments Easily with Invoices
Creating invoices from one platform and receiving payments from another will be a hassle. Using Zil Money, you can instantly create invoices and request payments. You can receive invoice payments by sending customized payment links along with the invoices to your clients via email or SMS. This way, your payee can make instant transactions.
When you send a payment link to your client, they will be taken to a specific online checkout page. From there your client can pay you via their bank account or credit card, whichever they prefer. You can also quickly view and track payment status on the platform. This way, the platform makes it easy for you to receive payments from your clients.
Simplify Sending Payments to Your Vendors
Other than creating invoices and receiving payments, you can also send invoice payments with Zil Money. When you own a small jewelry-making business, you will have to make vendor payments on time. Only then will you get materials on time for making jewelry. Any delays in payments can affect your relationship with vendors, which will affect your business.
You can easily make vendor payments via multiple payment methods using the platform. Here are the two most preferred methods of sending invoice payments:
Credit Card: You can easily make credit card payments to your vendors even if they do not accept it. Most of the vendors do not accept credit card payments because they are charged transaction fees. This is a significant loss for the payee. With Zil Money, you can send payments via credit card to your vendor and select the way they want to receive the payment. All you need to do is upload the invoice from the vendor and pay via credit card. This way, you can earn rewards from your card and the vendor can receive money without paying transaction fees.
ACH: You can easily make invoice payments via ACH transfer with the cloud-based platform. As NACHA oversees ACH transactions, it can help you pay your vendors and suppliers securely and efficiently. You can set up one-time as well as recurring ACH payments with the platform. By setting up recurring ACH payments, you can avoid missing out on payments. In a busy schedule, you can easily complete vendor payments using the same-day ACH feature of the platform.
Checks: Sending invoice payments via checks can be easy with the cloud-based platform. You can use the online check mailing service provided by the platform to send payments. The only thing you need to do is just send checks and attach the invoice with it. The platform will print and mail your checks to your vendor via USPS or FedEx. You can feel stress-free as the platform provides tracking services for your mailed checks.
Conclusion
Small jewelry-making businesses can easily create and send invoices to their clients with the cloud-based platform. So, how to send an invoice and receive payments on time can be solved by using Zil Money. The platform helps you easily create invoices and send them via email or SMS with a few clicks. This helps you reduce the errors and hassles of creating invoices manually. You can also speed up receiving payments from your clients, by sending a payment link along with invoices. Also, you can make invoice payments to your vendors using the platform.
