Wednesday Work Wisdom: The Best Day to Send Invoices
Want to get paid faster? Studies show sending invoices on a Thursday increases your chances of getting paid on time! Getting paid on time is crucial for cash flow, but when you send invoices can make a difference. Research shows that invoices sent on Thursdays get paid faster because businesses process payments before the weekend. Avoid sending invoices on Mondays—people are catching up from the weekend and often ignore them.
How to Schedule Invoices in QuickBooks:
- Go to Sales > Invoices > Create Invoice.
- Set the due date & enable payment reminders.
- Use the scheduling feature to send invoices on Thursdays for better results.
Late payments hurt cash flow, so don’t leave invoicing to chance! A Chandler CPA, like AZ Easy CPA, can help you set up the right invoicing strategy.
P.S. Need help with your business finances? Contact Us! We offer monthly accounting and bookkeeping services, clean-up projects for past years, QuickBooks training, and phone consultations to help you stay on track.
