answersLogoWhite

0

Option #1

Professionally billing a customer for services rendered and you want good record in case a nonpayment does occur, a good way to do this is scan the bill using a computer scanner and make sure the date is legible on the invoice and some scans can be set with date stamp in printing preferences of your copy/scanner machine. Another good way--if you don't have a scanner--is use a camera with your picture date option or your cell phone camera which will record the date automatically. Make sure your camera and/or your phone camera has these options of recording the date. Recording the date is very important, so adding a small newspaper article with your picture or scan of the bill will definitely seal the deal. You then can load the picture information on your computer and/or email the phone pictures to yourself and all is stored on your computer with plenty of recorded dates when the bill was made and mailed. Last but not least, you will send the bill in the mail and add delivery confirmation. Delivery confirmation using the USPS does not mean a signature is required on delivery, but the mail man will document the delivery. This too would be an extra charge by the USPS, but both the signature required and or delivery confirmation being inexpensive. If time is not a big factor, trying to get a signature on delivery of the bill to the customer is the best idea and if they won't sign, then you can send it back with just the delivery confirmation. All of this sounds excessive, but you will thank me if you end up in small claims court and all your bills, pics, and dates are filed on your computer ready for legal action.

Option #2

If money is no object for billing your customer(s), there are companies that will do all of your billing for you. You will supply them with the customer and all information pertaining to your services rendered, they will do all of the recording of the billing to your customer along with the delivery.

User Avatar

Wiki User

12y ago

What else can I help you with?

Continue Learning about Accounting

If you bill a customer for services performed does that increase your assets?

yes.


Why is there an account number on a utility bill?

Because utility services are set up as a customer account.


How do you post a journal entry to an account to bill a customer for service preformed?

Debit accounts receivableCredit services revenue


What accounting title do you record set of books?

I hope I understand your question correctly. The name of your "books" are called Financial Records. These books (records) are made up of several journals to record your business activities. I hope you find the following useful: The first book records sales to customers (credit customers) and is called the Accounts Receivable Journal. In this record you will note the date of the sale, the name and address of the customer, the items they purchased and the amount they owe you. (If the customer paid you in cash, then skip this record and go to the Cash Receipts Journal described below). This book is where you record cash receipts (money received) for sales you made and cash received from customers that you gave credit to and now they are paying their bill. This record is called the Cash Receipts Journal. Record the date you received the cash, the name of the customer, the invoice number your customer is paying, their customer account number and the amount they are paying. ( Remember, if you gave credit to this customer, go back to the Accounts Receivable Journal above and note that they paid their bill). The next record is the Accounts Payable Journal. This is the record where you will record all the money you owe your vendors that gave you their merchandise/services on credit. Record the date you received their merchandise/services, the name of the vendor, their invoice number and the dollar amount of the merchandise/services that you bought. This journal will remind you to pay your bills on time. The next record is called the Cash Disbursements Journal. This record will record all the payments that you make. Here you will record the date you make a payment, the name of your vendor, the invoice and account number that you are paying and the amount you paid. You might also want to record the check number that you used to pay this vendor. Remember, if you recorded this bill as a bill you owed to someone in your Accounts Payable Journal we talked about above, then go to that journal and record that you paid this bill so that you do not pay it twice. Finally, there is something called the Payroll Journal. If you have people you hire to work in your company, you probably pay them a paycheck. This is the journal where you will record those payments. Record the date of the payment, the name of the employee, the hours worked and the amount you paid them. Remember to include on the side how much you took out of their paychecks for Federal Income Tax Withholding (FIT), Social Security Tax (FICA) and Medicare Insurance Tax (MICA). There may be other taxes and deductions you need to record. Also, remember that you as the employer will have to pay the same amount as the FICA and MICA and any other taxes that may be applicable. I know my explanations are very simple, but I hope they give you an idea of the accounting records you should keep. All of the journals that I described above are called your "Financial Records". If your company or business is small, then you might just want to keep a Cash Receipts Journal and a Cash Disbursements Journal (just remember who owes you money and who you owe money to). I hope this helped. Just remember there is a lot more to accounting records than what I described above. You may want to talk to an accounting professional or an experienced bookkeeper to further address your needs. Good Luck!


How long does a shipper need to keep a bill of lading on file?

As long as your customer is an active customer.

Related Questions

If you bill a customer for services performed does that increase your assets?

yes.


Why bill of lading is required?

it is an accurate written document showing the work povided by one source for another. this record provides a customer with written documentation for services that he/she has billed for.


Why is there an account number on a utility bill?

Because utility services are set up as a customer account.


Which services are available online from ScotiaBank?

There are several services available online fro ScotiaBank. These services include bill payments, managing accounts, investing, trading, and customer support.


How do you post a journal entry to an account to bill a customer for service preformed?

Debit accounts receivableCredit services revenue


Where can you pay your bill close to home?

Many grocery stores have bill paying services in their customer service area. Sometimes all your major utilities and cable can be paid there.


To get final bill for a customer?

To generate a final bill for a customer, first ensure that all services or products rendered are accurately recorded. Next, apply any discounts, taxes, or additional fees as applicable. Review the total amount for accuracy before presenting it to the customer. Finally, provide the customer with a detailed invoice that includes payment options and due dates.


What areas do American Auto Insurance offer services for?

American Auto Insurance services include online bill paying, customer service, and a motor club. Motor club services include roadside assistance, towing, and lock out service.


How to own a maritime asset?

Packers and Movers Bill For Claim is a detailed document outlining the charges associated with the transportation of goods from one location to another. It includes a breakdown of costs for packing, loading, transportation, unloading, and unpacking services, as well as any additional fees for insurance, tolls, or other incidental expenses. The bill serves as an official record of the services rendered and can be used for filing a claim in case of damage, loss, or other discrepancies. It is essential for the customer to retain the bill for verification and reimbursement purposes when initiating an insurance claim.


What services do EDF Energy company offer?

EDF Energy is a large energy company that services much of the United Kingdom. It allows customers to pay their bill online, an iPhone app, service when a customer has to move, and services for people with special needs.


What is the bill type 132 and 134 on a ub?

Bill types 132 and 134 on a UB (Uniform Billing) form refer to different types of claims submitted for healthcare services. Bill type 132 is typically used for inpatient psychiatric services, while bill type 134 is associated with outpatient psychiatric services. These classifications help insurers and providers determine the nature of the services rendered and the appropriate reimbursement procedures. Each bill type is essential for accurate billing and record-keeping in healthcare.


What are some of the services offered through Exempla Healthcare?

Exempla Healthcare offers a number of services. Such services include spiritual care, online bill pay, financial assistance, and living wills. Exempla Healthcare is determined to provide exemplary customer service.