--- title: How to process Payments and Invoicing description: Explore essential invoicing tips, record-keeping guidelines, recovery steps for unpaid invoices, and how to set up payment terms for customers. image: https://businessaustralianews.com.au/hubfs/featured_images/blog_optimised/BAN%20-%204.webp --- [ASIC Business Registration ![Namecorp Logo](https://businessaustralianews.com.au/hubfs/Namecorp%20Logo.png)](https://namecorp.com.au?utm_source=ban&utm_medium=topbar&utm_campaign=registration) [![Business Australia News Logo](https://businessaustralianews.com.au/hubfs/logo/BAN-Logo-Black-Cropped.svg)](https://businessaustralianews.com.au/) - [Home](https://businessaustralianews.com.au) - [Start-Ups](https://businessaustralianews.com.au/blog/tag/start-ups) - [Technology](https://businessaustralianews.com.au/blog/tag/technology) - [Marketing](https://businessaustralianews.com.au/blog/tag/marketing) - [Our Community](https://businessaustralianews.com.au/blog/tag/our-community) - [Finance](https://businessaustralianews.com.au/blog/tag/finance) - [Legal](https://businessaustralianews.com.au/blog/tag/legal) - [Culture](https://businessaustralianews.com.au/blog/tag/culture) - [WIWO](https://businessaustralianews.com.au/blog/tag/wiwo) - [Trending](https://businessaustralianews.com.au/blog/tag/trending) - [Quick Links](https://businessaustralianews.com.au/blog/how-to-process-payments-and-invoicing#depth-dropdown-mobile-1-1) - [Home](https://www.businessaustralianews.com.au) - [Start-Ups](https://businessaustralianews.com.au/blog/tag/start-ups) - [Technology](https://businessaustralianews.com.au/blog/tag/technology) - [Marketing](https://businessaustralianews.com.au/blog/tag/marketing) - [Our Community](https://businessaustralianews.com.au/blog/tag/our-community) - [Finance](https://businessaustralianews.com.au/blog/tag/finance) - [Legal](https://businessaustralianews.com.au/blog/tag/legal) - [Culture](https://businessaustralianews.com.au/blog/tag/culture) - [WIWO](https://businessaustralianews.com.au/blog/tag/wiwo) - [Trending](https://businessaustralianews.com.au/blog/tag/trending) - [Help and Support](https://businessaustralianews.com.au/blog/how-to-process-payments-and-invoicing#depth-dropdown-mobile-1-2) - [Advertise With Us](https://businessaustralianews.com.au/advertise-with-us) - [Free Sign Up](https://businessaustralianews.com.au/subscribe) - [Contact Us](https://businessaustralianews.com.au/contact-us) - [About Us](https://businessaustralianews.com.au/blog/how-to-process-payments-and-invoicing#depth-dropdown-mobile-1-3) - [Privacy Policy](https://businessaustralianews.com.au/privacy-policy) - [Terms of Use](https://businessaustralianews.com.au/terms-of-use) [ASIC Business Registration ![Namecorp Logo](https://businessaustralianews.com.au/hubfs/Namecorp%20Logo.png)](https://namecorp.com.au?utm_source=ban&utm_medium=topbar&utm_campaign=registration) [Home](https://businessaustralianews.com.au) [Finance](https://businessaustralianews.com.au/blog/tag/finance) How to process Payments and Invoicing # How to process Payments and Invoicing #### BusinessCorp Published: December 29, 2023 A critical part of starting and running a business is invoicing and receiving customer payment. Here are some essential activities on invoicing and the different payment types.    ## Invoicing   ### Invoicing 101  Follow these essential steps to make and send invoices. Learn how to deal with unpaid or incorrect invoices.    ### Record Keeping  Find out the essential records you must keep, how to keep them, and how long to keep them.    ### What to do If you Weren’t Paid Getting compensated for the work you accomplish for customers is a challenge. Learn the steps you to take to recover the payment owed.  ### eInvoicing  Learn the costs and the steps to take advantage of eInvoicing.   ## Payments  ### Payment terms  Learn the steps to set up payment terms for your customers.  ### Choosing payment methods  Learn about how to choose payment methods for your customers.    ### Receipts and proof of purchase  Find out about the different types of receipts and what to include in them.  ### Related articles [![blog image](https://businessaustralianews.com.au/hubfs/AI-Generated%20Media/Images/Busy%20Caf%C3%A9%20Owner%20Serving%20Customer.jpeg)](https://businessaustralianews.com.au/blog/how-to-value-my-business) #### [How To Value My Business](https://businessaustralianews.com.au/blog/how-to-value-my-business) Determining your business's value is a crucial step whether you're seeking funding, ... 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