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Saturday, 28 January 2012

Preparing Rental Invoice


Rental invoices are used at the time when goods and services are temporarily used on rent or lease. Rental or lease agreements are same to very extent. Now-a-days rental industry has tremendously developed. All necessary documentations must be prepared by individuals who are looking for starting rental business of goods, services or other entities like properties and assets. Rental invoice is used between both the parties who make deal of renting the goods or services. Rental invoices serve as receipt to keep record of rental agreement between both the parties. Invoices are kept by both buyer and seller. Here are some tips to prepare party rental invoice and it includes more information than a typical sale invoice. Party rental invoice can be prepared with elements like:
  • Cost according to rent
  • Agreed upon rental duration
  • Types of rental items
  • Return of rented items
Party rental invoice can be written manually or using computer system. Both ways need same steps that I am going to share with you.
  • Use word “Invoice” on left or right top corner of document for identification that what is the type of document.
  • List business name, address and other contact information on the top of document. You can use both right and left top corner of document.
  • Also mention  name and other contact information of  customer or client.
  • Create a table of three columns, one column should be large and other two small.
  • Give title to large column as “Item Description”, “Quantity” to first small column and “Price” to second small column.
  • Write item description in a detailed way. For example write Black 16 inch dinner napkin rather than writing just napkin.
  • Adjust the place to write total amount at the below part of table.
  • Add additional information below the table including payment terms and conditions, date and signature of cashier or accounts manager.
  • Also write a simple message as “Thanks for your Business”.
  • Back side of invoice document can also be used to mention terms and conditions of payment.
These are the steps by which you can prepare or write an invoice to better deal with sales transactions.

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