Invoice settings

Set Invoice Default Settings in Caspen

Go to Settings -> Billing -> Invoice Settings (https://app.caspen.com/invoice-settings)

• Establish the invoice's starting number and format - Define the invoice's initial number. Invoice numbers are consistently formatted to include a minimum of 4 digits, padded with zeros when the number is less than 1000.

• Set Invoice tax option:

  • Tax Exclusive - When you select this option, the tax will be calculated separately from the invoice's listed price. For instance, if you're selling a service for $100 and there's a 10% tax, the tax amount of $10 will be added to the $100, and the final amount will be displayed as $110.

  • Tax Inclusive - Opting for this choice incorporates the tax as part of the final amount on the invoice. For instance, if a service priced at $100 is subject to a 10% tax, the $10 tax will be included in the displayed amount of $100, resulting in a final amount of $100.

  • No Tax - This option means no additional tax will be applied to the invoice. The listed service price, for example, $100, will be the final amount with an additional $0.00 tax.

• Default payment terms - This setting allows you to specify the default payment terms for your invoices. You can define the standard period clients are expected to make payments after an invoice is issued.