You will also need to identify both the receiver of the invoice (your client), and the sender (you). That is, the day you send the invoice to your customer. This must correspond to the issuance date. This means that an invoice submitted in February 2020 can’t have an invoice number that is lower than an invoice submitted in January that same year.Īs for the format, you can add suffixes to it, such as the current year or fiscal year (2020 + invoice number).Īnother important field is the date of the invoice. Keep in mind that there can be no jumps in the numbers or that an invoice with a later number has an earlier date. The invoice that comes next by date will have the following number (in this case 2). That is, every time you issue a new invoice, you will assign it a number (say 1). Any invoice, in order to be valid, must include the following elements:Įach invoice must be assigned a unique and independent number that is different from the ones in any other invoice. Let’s move on to the most important point.

What should you include on your invoices? You can learn more about how tax returns work by being self-employed here.Īlso, remember that you must keep your invoices for at least 4 years, because in case of an inspection by the Tax Agency, it will be essential to provide them. In later sections, we will look at each of those elements in detail.Īt the end of the quarter, you must collect all the invoices sent to your customers (in addition to those you have paid) and send them to the tax authorities. Through them, you must include not only the amount of the products or services sold, but also the applicable VAT and income tax deductions. Thus, the law requires the creation of this document after any type of transaction with each of your customers. An invoice is the document that you must send to your customers in order to get paid for the products sold or services rendered. What is an invoice and when should you issue one?Īs obvious as it may seem, let’s start from the beginning. 5 Can you send invoices by mail? Electronic invoice

Self employed invoice app