The small business industry has evolved from its humble roots. Professionals were and are still hired directly through one of several dedicated freelance platforms.
However, more and more people are jumping on a new trend and start their own small business. Choosing the path of entrepreneurship, and working on your small business idea, is without a doubt riskier than being content with holding a 9-5 job, but if you stay true to what you’ve imagined, it can be rewarding in countless of ways.
One of the core features of doing good business is making quality invoices to your customers. A client, customer or a receiving party require an official statement on what they are paying for and the easiest possible ways on how to do it.
Very often the payment process for your clients can often be a chore.
In this article we’ve decided to simplify to process on how to make Stripe invoice using our invoicing tool.
Make Stripe Invoice Using Envoice
As you probably already know at Envoice we can help you send online invoices for your goods and services and get paid instantly using a credit card, debit card, or online ready-to-use payment gateways like PayPal, Stripe, Square but to name a few.
When it comes to pricing, there are two key factors: fairness and simplicity. Click To Tweet You want straightforward, easy-to-digest pricing plans that are affordable enough to grow your business without impeding it.
Our pricing plans offer just that. We do not charge any fees for the transactions as they’re handled by the payment providers themselves.
Speaking of Stripe, it offers a great pricing balance on their part, with a reasonable pay-as-you-go plan of 2.9% + $0.30 per valid card charge for all major credit cards including Visa, Mastercard, Amex, Discover, JCB and Diner’s Club – with no extra fee for international transactions, failed transactions or refunds.
There are no hidden or ongoing fees, set-up charge, or monthly maintenance fee. You just pay for the transactions when they happen. Fee reporting in real time is available, so you can keep solid track of where your business is at, right now.
By using our guidelines below you can help your customers and yourself alleviate the invoicing process by making invoices like a superhero in the future.
1. How Does Envoice Work with Stripe?
Envoice can automatically generate invoices for Stripe as your desired payment method and delivers them to your customers. There is no code needed.
It only takes a few minutes and couple of steps to integrate Stripe with Envoice and get paid.
Let us show you how you can do that in 3 easy steps:
Create New Invoice Draft
The first thing you need to do is simply create new invoice, provided you’ve already registered for your Envoice account. (if you don’t have an account, you can sign up here).
a. Adding Company Info & Logo Customization
To add/edit your or your company details, click on Edit my Profile and bank information. To save the details, click Save/Preview next to the Name, Country and Email Information.
Envoice will save your company info for future re-use and will automatically pre-populate it on every new invoice you generate next time.
Make sure to upload a logo. Invoices with logo are instantly recognizable and look more professional.
b. Invoice Terms & Billing
This section contains details about your client/customer. Envoice allows you to easily manage your clients from the My Clients section in the main panel view.
From there you can edit and add new clients, see total amounts of income generated from a particular client, number of invoices issued throughout the year and general client profile card.
d. Item/Product Description
In the Summary Section you can insert full description of the services offer or work item and add price, quantity and tax which allows you to calculate the total amount that is going to be invoiced.
e. Currency option
This is the preferred currency which is used to charge your customer. Envoice uses the official ISO 4217 currency standard which specifies three-letter codes for currencies worldwide.
If you are receiving invoice payments with Stripe, the currency should also be supported by Stripe. You can find a list of all Stripe supported currencies here.
2. Connect with Stripe
In order to make Stripe invoice using our software, you need to connect your Envoice account with your Stripe account:
1. Login to your Envoice account
2. Go to Settings and click Connect with Stripe or alternatively got to Choose Your Type of Payment then click on Connect With a Payment Provider
3. You’ll be redirected to the Stripe website and asked to enter your Stripe credentials, then taken back to the Envoice’s website. And voila! – your Stripe account is connected with Envoice.
3. Don’t Forget Your Customers
Now that you’ve connected Stripe as a payment provider for your services it’s time to get paid for your services.
There are 2 main ways for your customer to pay the issued invoice:
>>By sending them a payment link directly, they can open the link in their browser and pay your invoice with this link. Just click and paste to share your link. The invoice you create with Envoice is similar to the conventional paper-based invoice, but it is accessible online from any device at any time via a unique link.
>>By “invoice-is-in-the-email” principle, meaning anyone with an email address can receive an itemized invoice from you. An automatic email is generated that reaches your client’s inbox.
This online invoice contains an embedded Pay button which allows your client to pay instantly with a card, in this case. The process is fast, secure, and error-free; and usually results in receiving payments within minutes of sending the invoice.
Allow your clients to conveniently pay you online through your customized invoice payment portal. They’ll be able to obtain all required details you included in your invoice for bank transfers.
Clients can also download their invoice in a PDF for their own accounting purposes.
It only takes a few minutes to get set-up with Envoice and Stripe. Try it today!