Invoicing and receiving payment from your customers is a critical part of starting and running your business.

Payment types

There are a number of different payment types you can choose from when deciding how your customers can pay for your goods or services. The payment type you accept may depend on your specific business set-up.

Read more examples of the various payment methods you can choose from.

Invoices, receipts & itemised billing

Before you can collect payment, you may need to provide the customer with an invoice outlining all your relevant goods and services.

Once you receive the payment you'll also need to offer the customer a receipt confirming their payment of goods or services. You must give a receipt or proof of purchase to your customers for amounts over $75.

If a customer requests it, you must provide a receipt or proof of purchase within seven days of the request, regardless of the amount.

Find out more about:

• different types of invoices.
• how to create an invoice, including tips to help you get started.
• setting payment terms and conditions.

Find out more

• Read our finance topic to help you manage your finances.
• Browse through information on attracting customers, including finding customers, managing customers and keeping customers.