Invoices are so important because they allow your company to get paid for the services you offer. Because they are so fundamental, this is one area where your business cannot afford to make mistakes. Even the smallest error can lead to profit loss and wasted resources.
Fortunately, our firm can help you prevent minor oversights that can ultimately create serious consequences. With effective planning and well-worded disclaimers, your company may be able to safeguard itself against fraud. The business litigation attorneys at our firm have been representing NY residents for 20 years. If your company values success, it's time to retain our services.
Those who regularly draft invoices are often faced with the question, "Is an invoice a contract?" Simply put, an invoice is not a contract until it is signed by the purchasing party. However, the moment an invoice goes into the other party's hands, it becomes a legal document that they can at any time sign and agree to. This is why your invoice must be drafted correctly in its entirety.
The following items should be completely filled out:
Additionally, you should always include a disclaimer in every invoice. Disclaimers protect your company from losing money and providing goods that were never paid for. They also make customers aware of what happens if they don't pay, or forget to pay on time.
The business world is already full of unknown risks, so minimizing the ones you can control will significantly improve the way your company functions. Drafting a strong invoice isn't always easy and far too often you're pulled in a dozen different directions. Trust our firm to provide efficient support when creating even the smallest documents. Regardless of the size or goals of your business, invoices are one place you can achieve tangible success.
Call Mahir Nisar Attorney at Law. today for two decades of legal experience.