What is Invoice Generator?
How It Works
Fill in your business details (From), client details (Bill To), invoice number, dates, and line items. Add as many line items as needed with description, quantity, and rate โ amounts are calculated automatically. Set optional tax rate and discount percentage. Click "Print / Save as PDF" to open a cleanly formatted invoice in a new window for printing or saving.
Formula
Line Amount = Quantity ร Rate Subtotal = Sum of all Line Amounts Discount = Subtotal ร (Discount% / 100) Tax = (Subtotal โ Discount) ร (Tax% / 100) Total = Subtotal โ Discount + Tax
Formula Explained
Each line item amount is the product of quantity and unit rate. The subtotal sums all line items. Discount is applied as a percentage of the subtotal. Tax is calculated on the amount after discount (this is the standard method in most jurisdictions). The total due is the final amount the client needs to pay.
Example
Line Items: Web Design: 40 hrs ร $85 = $3,400.00 Logo Design: 1 ร $500 = $500.00 Hosting Setup: 1 ร $150 = $150.00 Subtotal: $4,050.00 Discount (10%): -$405.00 Tax (8%): $291.60 Total Due: $3,936.60
Tips & Best Practices
- โKeep invoice numbers sequential for easy tracking and accounting.
- โInclude payment terms (Net 30, Net 15) in the notes section.
- โSave as PDF and email directly to clients for fastest payment.
- โInclude your payment details (bank account, PayPal, etc.) in the notes.
- โUse the discount field for early payment incentives.
Common Use Cases
- โขFreelancers billing clients for project work
- โขSmall businesses creating invoices for products or services
- โขContractors billing for hourly or fixed-price work
- โขCreating invoices for tax and accounting records
- โขGenerating quick invoices on mobile without accounting software