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Invoicing Best Practices for Freelancers

Get paid faster with these proven invoicing strategies. From payment terms to follow-up schedules, here's everything you need to know.

December 28, 2024
7 min read
Michael Chen · Customer Success Manager

Invoicing Best Practices for Freelancers

Let's talk about the worst part of freelancing: actually getting paid.

You did the work. You sent the invoice. Now you wait. And wait. And wait.

After helping thousands of freelancers optimize their invoicing, here's what actually works.

The Psychology of Getting Paid

Payment isn't just about money — it's about human behavior. The easier you make it for someone to pay you, the faster they'll do it.

The One-Click Rule: If paying your invoice takes more than one click, you're losing money.

1. Invoice Immediately

Bad: Finish project Friday, send invoice Monday. Good: Finish project Friday, send invoice Friday. Best: Finish project at 2 PM, send invoice at 2:15 PM.

Why? Because:

  • Your work is fresh in the client's mind
  • Their budget hasn't been spent elsewhere
  • You've demonstrated efficiency
  • You set a tone of professionalism

Clients who receive invoices within 24 hours pay 40% faster than those who wait a week.

2. Make Payment Stupid Simple

Your invoice should include:

  • ✅ Multiple payment methods (bank transfer, card, PayPal)
  • ✅ Clickable payment links
  • ✅ QR code for mobile payments
  • ✅ Pre-filled bank details

Don't make them:

  • ❌ Log into their banking portal
  • ❌ Manually type your IBAN
  • ❌ Search for your email
  • ❌ Remember your company name

Every extra step reduces payment speed by ~3 days.

3. The Perfect Payment Terms

Don't write: "Payment due within 30 days" Write: "Payment due by January 15, 2025"

Specific dates create urgency. Relative timeframes create confusion.

Our data shows:

  • Net 30: Average payment in 37 days
  • Net 14: Average payment in 19 days
  • Net 7: Average payment in 11 days
  • Due upon receipt: Average payment in 8 days

Shorter terms = faster payment. Always.

4. The Description Matters

Bad invoice line item:

December work - €2,500

Good invoice line item:

Website redesign - Homepage, About, Contact pages
Includes: wireframes, design mockups, development, testing
€2,500

Why? Because invoices get reviewed by:

  1. Your contact (who knows what you did)
  2. Their manager (who might not)
  3. Accounts payable (who definitely doesn't)

Be specific. Make it obvious you did real work.

5. The Follow-Up Formula

Don't: Send one follow-up email two months later.

Do: Use this schedule:

Day 0: Send invoice Day 3: Friendly check-in ("Just confirming you received this") Day 7: First reminder ("Invoice due in 7 days") Day 14: Payment due reminder Day 15: "Payment was due yesterday" email Day 20: "This is now overdue" email Day 30: Phone call + formal demand letter

Most invoices get paid between Days 7-15. Consistent follow-ups matter.

6. The Magic Email Template

This email gets 78% response rate:

Subject: Quick question about Invoice #[NUMBER]

Hi [Name],

I hope this email finds you well!

I wanted to quickly follow up on Invoice #[NUMBER] for €[AMOUNT], which was due on [DATE].

I haven't received payment yet, and wanted to check:
1. Did you receive the invoice?
2. Is there any issue with the invoice?
3. When can I expect payment?

If there's anything I need to clarify or adjust, please let me know and I'll send an updated invoice immediately.

Looking forward to continuing our work together!

Best,
[Your name]

Why it works:

  • Friendly, not aggressive
  • Assumes good faith
  • Offers to help
  • Asks specific questions
  • Creates urgency without being pushy

7. The Deposit Strategy

For projects over €1,000, always require a deposit:

  • Small projects (€1k-€5k): 30% deposit
  • Medium projects (€5k-€20k): 50% deposit
  • Large projects (€20k+): 33% deposit, 33% midway, 34% on completion

Clients who pay deposits:

  • Respect your time more
  • Respond faster
  • Are less likely to ghost
  • Cancel less frequently

No exceptions.

8. The Late Fee Clause

Include this in your invoice terms:

Payments not received within 14 days of the due date will incur a late fee of 5% per month (or €25, whichever is greater).

Do you actually charge it? Usually no.

But having it there:

  • Shows professionalism
  • Gives you leverage
  • Speeds up payment
  • Protects you legally

9. The Thank You

When someone pays on time, say thank you.

Seriously. Send a one-line email:

Thanks for the prompt payment! Looking forward to working together again.

Clients who receive thank-you notes:

  • Pay future invoices 2 days faster
  • Are more likely to rehire you
  • Refer you more often

It takes 10 seconds.

10. Tools Matter

Manual invoicing is costing you money:

  • Average time to create invoice manually: 15 minutes
  • Average time with proper software: 45 seconds
  • Time saved per year (30 invoices): 7+ hours
  • Money saved: €280-€350

Plus, automated tools:

  • Send reminders automatically
  • Track invoice status
  • Accept online payments
  • Store everything digitally
  • Generate reports

Use Hola. Create an invoice in under 60 seconds, send it with one click, and get automatic payment reminders. Free forever for freelancers.

The Bottom Line

Getting paid isn't about luck. It's about systems.

  • Invoice immediately
  • Make payment easy
  • Use specific terms
  • Follow up consistently
  • Require deposits
  • Say thank you

Do these things, and you'll get paid faster. Every single time.

Now go send those invoices.

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