Invoices must fulfill specific legal requirements, including clear identification of both the seller and buyer, a detailed breakdown of provided goods or services, and explicit payment terms. But, knowing just the basic elements isn't enough to safeguard your business from legal issues and penalt...

Mastering the approach to late invoicing is key to securing owed funds and preserving professional rapport. But how do you do this without souring your business relations?

To ensure your invoices are professional, focus on clear branding, detailed service descriptions, transparent cost breakdowns, and explicit payment terms. However, the true polish comes from the finer design details and using modern tools that might just give you the edge.

A well-managed invoice directly influences your business's financial transparency and regulatory compliance, embodying invoicing best practices as a crucial legal document for transactions. Yet, the complete benefits emerge from strategic adherence to invoicing best practices within a comprehensi...

Is an invoice legally binding? Yes, when it includes all necessary elements and is issued in compliance with commercial regulations, yet recognizing the enforcement of legally binding invoices is pivotal for the fiscal safety of your enterprise.

Invoices are legally binding documents that must adhere to specific requirements, including mandatory elements such as transaction details, client information, and amounts. However, additional details may be needed depending on the nature of the transaction, which can vary from one jurisdiction t...

Incorrect invoicing can significantly impact your business's reputation in the marketplace, affecting customer relationships, legal standing, and your financial bottom line. However, there are proven strategies to manage and rectify invoicing issues affecting your business's reputation.

An essential invoice should feature key elements such as a unique identification number, detailed seller and buyer information, a concise description of goods and services, transparent itemized pricing, accurate tax information, and explicit payment terms. But to fully understand why each of thes...

Corrective tax document at 8. If you are an avid crossword puzzle lover you know that this is just a credit note. The term credit note used to be used in the past, but nowadays the legislation refers to it as a corrective tax document for an invoice. As the name suggests, it is issued by VAT payers.

Artificial Intelligence (AI) is an essential part of our lives today, even in business. ChatGPT, one of the AI models developed by OpenAI, is capable of generating texts and ideas that can be very useful for self-employed people and entrepreneurs. But as the use of AI can bring huge benefits, it ...

Are you a freelancer, starting out and building your own business? There is also an important and for many perhaps even stressful part - pricing. It's not just about the initial setup, but also adjusting when necessary and when the market changes. And thanks to inflation and rising prices, even ...

In this series of articles, we illustrate the possibilities of using AI as a consultant to help you make decisions within your business.

In the next part of our series of articles where we illustrate the possibilities of using AI in decision making, you will find out what to look out for before starting a business.

Imagine a world where most of our daily tasks and job duties are carried out by machines. It's not science fiction, it's the reality of today. And it's thanks to the rapid development of artificial intelligence (AI). But who will be affected? And how to prepare?

Many technological breakthroughs have been achieved in the last ten years. But one invention, in particular, has emerged from the crowd - chatGPT. This giant in the field of artificial intelligence represents a breakthrough that is accessible and usable by everyone. It's clear that chatGPT has th...

We live in a time of great possibilities, and this also applies to the field of self-education. There are countless expert articles, video courses, e-books and other materials on the Internet from which valuable information can be obtained. In addition, much of the material is available for free....

In recent years, Artificial Intelligence (AI) has become the center of attention in the world of technology and science. This technology offers enormous potential to improve various aspects of our lives and industries. Today, we'll look at how AI is surpassing human creativity and intelligence, a...

Whether you're starting a business or getting into invoices for the first time at work, it's good to know the ins and outs.

With inflation on the rise, protecting your savings is key. Read our article where we reveal how you can protect your savings from rising inflation. Learn how to manage inflation.

Have you ever considered the impact AI has on your day-to-day operations? How it can change the way entire industries operate? In this article, we'll take a look at the fascinating technology of generative AI and explore how it's not just impacting individual sectors, but transforming the entire ...