Australian painter and decorator invoice template tips

4-minute read
4-minute read
A decorating job isn’t finished until the invoicing is done – and the quicker you send your invoices, the faster you are likely to get paid. That’s just one reason to use an invoice template that’s quick and easy for you to manage.
Fast payments are great for cash flow. Whether you’re creating your own invoice template or sourcing one from elsewhere (which we cover below), there are a few things worth incorporating that may help speed up payments:
The government has formal guidelines for invoices issued by small businesses. To comply with Australian Tax Office (ATO) requirements the following information should be featured on your invoices:
For invoices totalling less than $1,000: if all items listed are subject to 10% GST you can include the tax as a single amount using words such as ‘Total price includes GST’.
For invoices totalling more than $1,000: the GST amount must be featured beside each item.
If you’re just getting started and are not sure about the need to register for and charge GST, check out our Business basics for sole traders article.
A search online will reveal a variety of sources for invoice templates in Word and Excel format. Just make sure they are specific to Australian businesses.
Some elements of your invoice template are compulsory while others are simply a good idea to incorporate. Once you’ve got that covered, make sure your invoices are well designed to reflect the quality of your painter and decorator workmanship.
The information in this article is general in nature; does not take your objectives, financial situation or needs into account. Consider its appropriateness to these factors; and we recommend you seek independent professional legal and/or financial advice about your specific circumstances before making any decisions. Westpac does not endorse or guarantee the accuracy of any third-party templates. You should make your own enquiries and seek professional legal advice where required.