Electronic invoicing with multi currency templates

If you want to manage invoices in multiple currencies without ending up in a screaming frustrated heap you need to be prepared. Use Invoiceplace electronic multi-currency invoicing and create separate invoice templates for each of the different currencies you do business in.

If a template is created in a different currency to what you normally use the currency will now display in the drop down list.

When you need to create an invoice for a certain currency simply choose the template and the currency and other details are already filled out to save you time.

Try Invoiceplace today – Easy Invoicing And Quotes From Anywhere. Sign up for free, click here to start.

Changes to free and paid subscriptions from the 1st of September. Upgrade for half price.

All existing free and paid Invoiceplace subscriptions will be upgraded on the 1st of September 2008. Subscription price hasn’t changed – but now you receive more value. Free and paid accounts will provide unlimited customer records so it doesn’t matter if you have one or ten thousand customers.

The major change is there will be a maximum number of invoices, quotes or receipts that can be created for each calendar month.

Free subscriptions are now the Lite subscription

The free account will become the Lite subscription. This will offer unlimited customer records (was three) and a maximum of five each of invoices, quotes and receipts created each month (this means that you can create up to five invoices, and five quotes and five receipts). This limit resets automatically each month.

20 customer subscriptions are now the Professional subscription

The 20 customer subscription will be the Professional subscription. This includes unlimited customers, and up to 1000 each of invoices, quotes and receipts each month. You can also have up to 1000 products (was 100).

100 and 500 customer subscriptions are now the Premium subscription

The 100 and 500 customer subscription will be the ‘Premium’ subscription also offering unlimited customers and up to 5000 invoices, quotes and receipts each month. There are 5000 products allowed (was 1000) and lets you incorporate one each of a fully customized invoice, quote and receipt print templates (more about custom templates below).

Exclusive upgrade offer – 50% discount on one and two year subscriptions

Does Invoiceplace save you time and helps make your billing easy? Upgrade your existing free or paid account by the 1st of August 2008 and receive a 50% discount on a one or two year Professional or Premium subscription.

Yearly subscriptions already include two months free, and the two year subscription eight months – so take advantage of this special offer for even greater value! Savings below are for US subscribers, please click here for pricing for your currency.

Professional
Yearly – $60USD (was $120USD).
2 Yearly – $96USD (was $192USD)

Premium
Yearly – $100USD (was $200USD)
2 Yearly – $160USD (was $320USD)

Existing yearly accounts will have the number of months remaining converted to the upgraded account type. Also all paid subscriptions provide a 30 day, 100% unconditional money back guarantee.

Do you want to upgrade and save? Click here to contact us.

How to keep count of your stock – easy inventory management

Use Invoiceplace for easy inventory management – keep track of products sold so you will never run out of stock. The Stock on Hand (SOH) is automatically maintained for all of your products, and you can make stock adjustments to change the levels as required.

What does Stock On Hand / SOH mean, and how is it calculated?

The Stock On Hand or SOH is the total number of products that are available for sale, and have not been sold already.

Invoiceplace calculates the SOH as: (Total number of stock adjustments) – (Total number of products sold on invoices)

When an invoice is deleted any products that were on the invoice are added back to inventory. For example if you create an invoice for an professional photography session and include 2 photo albums then the SOH for the photo album is decreased by 2. If you delete this invoice, the SOH for the photo albums is increased by 2.

The SOH is not changed when you create an invoice template or a quote template that uses products in the invoice line items. Similarly creating a quote which has products will not change the SOH.

A stock adjustment will increase or decrease the SOH (see the next paragraph).

What is a stock adjustment?

A stock adjustment updates the number of products that are available. This would be done after receiving a shipment of stock from an external supplier, or when you create/manufacture more stock yourself.

Benefits of inventory management with Invoiceplace

  1. Instantly know when you need to re-order more stock.
  2. Doesn’t take more time or effort to use – Stock On Hand is automatically adjusted when you create or delete an invoice.
  3. Flexible and easy inventory management software – adjust stock levels for any reason in one simple step (i.e. after receiving a shipment from a supplier, during stock take, removing damaged or lost stock).

How to calculate stock on hand and stock adjustments

Adding inventory / stock is done in one simple step, and you don’t need to manually calculate the stock on hand – whenever you create or remove an invoice the SOH is automatically adjusted for you. When you receive a shipment from your supplier follow the instructions below to adjust stock levels.

1. Login to Invoiceplace and click on the Products tab.

Products Inventory Showing SOH And Stock Adjustments

The Stock On Hand is displayed for each product. There is no need to manually calculate the stock on hand – this is done automatically.

2. To create a Stock Adjustment click on the link titled ‘New Stock Adjustment’.

Click on Stock Adjustment Button

Enter the details for the stock adjustment:

Create A Stock Adjustment to adjust Stock on hand

Date Received: This is the date when you physically received or added to the stock available. This is not the date that you order more products.
Reference Number: This is the reference number used by the person or business supplying the products to you. This will typically be the invoice number from your supplier.
Product: Choose the existing product for which you need to update the stock levels.
Qty: This is the total number of products that you received or produced for this stock adjustment.
Unit Type: The unit type is automatically set from the product.
Notes: Used to enter any useful comments or extra information about the stock adjustment.

Not only does Invoiceplace provides invoicing software to make your billing fast and professional, now you can take control of your inventory as well!

Try Invoiceplace today – Easy Invoicing And Quotes From Anywhere. No sign up required, click here to start.