Though PayPal has made it simpler for businesses to buy and sell goods and services online, especially through parent eBay Inc.’s online market, keeping track of invoices and shipping data, and making the information easily accessible, traditionally has not been so easy.
To address the issue, Microsoft has created a PayPal invoicing template, which ExcelTemplates.net also has begun offering for free as part of its new line of templates and spreadsheets. With the new template, companies of any size may keep an exact digital record of their business transactions.
“The PayPal invoice template from Microsoft is the all-in-one solution for companies looking for ways to streamline their invoicing process,” ExcelTemplates.net spokesperson Rita Flagen, said in the product announcement. “The PayPal invoice template comes ready to use immediately after downloading. You can type, print or ship with just a few clicks and get back to business in no time.”
When using the template, businesses type in the item name, a description of the item, item quantity, unit price, total amount and tax. The PayPal template also serves as a time-saving calculator that will calculate tax, totals and shipping chargers for order of any size.
Companies also can add any applicable discounts or sales tax rates to come up with a final total. They also can add any special terms and conditions for the transaction, any special notes for the recipient, and add a special memo for the company, if necessary, that won’t seen by the recipient.