Event Invoice Template

Mail icon
Invoice
Invoice #
011
Reference #
BD-32
Issued
Jan 31, 2023
Due
Feb 14, 2023
From
Your Name
Your Company
Your Address
To
Client's Name
Client's Company
Client's Address
Date
Item
Qty/hrs
Rate
Amount
Sep 28, 2021
Organizing meetings
-
1.00
0.00
Oct 06, 2021
Coordinating weddings
-
1.00
0.00
Oct 06, 2021
Parties plan
-
1.00
0.00
Subtotal
$0.00
Discount
-20.00
Total due
-$20.00
Notes
Hi Client's! Thanks so much for the continued business. Looking forward to the next project.
Late fee
If this invoice is unpaid by the due date, a non-compounding late fee as a percentage of the invoice total in the amount of 10% will be applied monthly to the outstanding amount.
Thank you for your business.
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How it works

Don't wait another minute to get paid. Create your next invoice in minutes, accept flexible payment methods, and track the status of every payment in one place. Here’s how to get started:
Sign up for a free Indy account
Launch Indy’s invoice builder
Edit your invoice in minutes
Send it off with just a click
Get paid fast

Get paid quicker and easier

Indy Invoice templates take the pain out of billing.
  • Build and send an invoice in minutes.
  • Personalize your invoices with your brand color and logo, and leave a nice message for your recipient.
  • Accept payment by top credit and debit cards, check, wire transfer, direct deposit, and more.
  • Add your unbilled time tracks to your invoices as line items for easy payment.
  • Include discounts, late fees, and request deposits.
  • Make single invoices or set up recurring billing.
  • Send your invoices straight from Indy or export them to PDF to send them however you want.
  • Keep track of each invoice’s status, so you know who has paid and who to remind.
  • Set the estimates in your proposals to automatically generate invoices when accepted.
invoices

Event Invoice Template FAQ

What is an event invoice used for? 

Using an event invoice to bill vendors or clients for your services has several advantages for freelancers in the fields of event management or planning. 

As a freelance event manager and/or event planner, you expect to be paid for each hour you work, as you strive to provide the best products and services to your clients. As a result, a comprehensive event invoice will help you visualize and communicate every aspect of your job to clients through a formal invoice that meticulously tracks all billable hours associated with your transaction. 

The first step toward getting paid for all of the products and services you provide while managing or planning your client's event is to create an event invoice. You won't be able to charge clients appropriately based on costs that best represent the quality of and time associated with the work you produce or perform if you don't have an effective and accurate event invoice. 

Because a well-designed event invoice helps to build and maintain your company's credibility, it's crucial to understand how this tool can help you streamline your payment process. If you operate a services-based business strategy or model, as many event management and planning professionals do, an event invoice may be the best payment processing solution for your freelance business. 

An event invoice shows your client the total cost of the management or planning freelancing project, as well as important details like the number of hours spent on each billable activity and the subtotals for each of the billable activities listed in the document. 

A standard event invoice should contain several elements that are found in all standard product or service invoices (for hourly invoices, the time associated with each billable task should also be included). Event filming freelancers should include all products (if applicable – such as custom flower arrangements or food selections, for example) or services supplied; product or service rates; thorough and accurate descriptions of the products or services; and all pertinent payment information, such as accepted payment options, deadlines, and associated fees.

Freelancers will be able to better convey the time and resources associated with their products and services by using a clear, effective, and accurate event invoice, and they will be able to provide their clients with additional information to support their prices or rates by using a clear, effective, and accurate event invoice. 

When clients interact with user-friendly services and tools, especially when it comes to completing payments for items or—in the case of translation professionals—services rendered, payments are completed more quickly and the risk of late or missed payments is significantly reduced. Remember that a customer's user experience is everything, so event invoices should be as clear and complete as possible before being sent to the client for payment. 

We at Indy value the time and resources that freelancers invest in providing high-quality products and services to their clients—regardless of your freelancing business model, the time and resources you invest in it deserve prompt, on-time payment. As a result, your event invoices should accurately and effectively reflect that effort, as well as provide a positive user experience for your clients throughout the payment process.

How to bill for an event?

Your event invoice may take on a slightly different shape depending on the structure of your freelancing business and whether you provide products or services (or a combination of both). 

Your invoicing process should be relatively simple if your freelancing business is currently based on a product-based business model. This model may apply to you as an event manager or planner if you provide products such as an event schedule or itinerary. Simply use a document development platform that suits you, such as a word processor like Google Docs or Microsoft Word, or spreadsheet software like Google Sheets or Microsoft Excel, to create your event invoice. After that, you should include all pertinent transaction data. Using the customization tools provided by each of these platforms, you can customize your event invoice before you start billing clients. 

However, if your business is based on services, the process of gathering payment information to inform your event invoices will be slightly different. By choosing to work with professional invoicing software by Indy, however, freelancers can utilize powerful function-specific invoicing tools to streamline the payment process—both internally and for clients. Freelancers can send their event invoices directly to clients for payment using Indy software. 

Keep important factors like the effort required to provide your products or perform services in mind as you work to determine your hourly rate for your event invoice. Consider factors like the amount of time and resources spent on your company's operations to achieve this. 

Before writing detailed and accurate service descriptions to bill for hourly work, determine an hourly pay rate per task for your services. Freelancers can track their hours directly in the platform with Indy invoicing software, ensuring that accurate billing hours are communicated to the client for the duration of the project. 

After that, double-check the document for any other pertinent transaction details, such as contact information and payment terms.

How to create an invoice for an event?

You've identified a skill that allows you to work as a freelancer for yourself—it's a huge amount of responsibility, and even the most seasoned freelancers can find the payment process intimidating. The pressures are amplified when you're in charge of designing, planning, executing, and managing an entire event. 

An accurate and clear event invoice is absolutely essential to continuing with your self-employment professional style of operation when it comes to maintaining the best possible invoicing and payment processes for clients. As the owner of a freelance business, you simply don't have time to focus on the finer points of business management, such as perfecting your invoicing documents.

With professional invoicing software by Indy, however, event invoices are easy to generate. Indy provides powerful tools like payment integration, invoice creation, and hour tracking to help freelancers streamline the invoicing process. 

As you begin to create your freelance event invoice, it's critical to understand which details to include on the final document; if you don't, you risk late or missed payments due to a poorly designed invoicing workflow and a failure to provide clients with a convenient payment process. 

The following are the essential elements of any invoice used by freelancers or self-employed event professionals:

  • Business and contact information, including the name of your freelancing operation, your phone number, mailing address, and email address
  • Client information, including the names and contact information
  • Brand elements, including your logo and components such as your company color palette and font families
  • Unique invoice elements, such as invoice ID numbers, invoice dates, and payment due dates
  • An itemized list of products or services
  • Thorough descriptions of the supplied products or rendered services
  • Payment totals and subtotals, if applicable
  • Payment options and terms, including associated fees and deadlines

By including these elements in your event invoice, you will be able to improve your overall payment process as well as the customer experience for your clients moving forward.

How much to bill for an event?

Setting a monetary value on the work you do as a self-employed event management or planning professional can be difficult, especially if you are a new freelancer who has not yet established an hourly rate for your services. The fact remains, however, that it is an important component of any self-employed invoice—and it is absolutely necessary in order to receive payment for your event planning and management services. 

When determining your hourly rate for your event business, there are a number of important factors to consider, all of which are intertwined with your freelance business operations plan, payment process, and the type of work you do with events. When determining how much your time and services are worth billing for, take into consideration the following factors:

  • your competition within the job market
  • your bottom-line, or the figure you get after calculating how many resources (both time and money) you spend when fulfilling a project with a client before you make a profit
  • your credibility as a freelancer and event planning or management professional

When it comes to your job market competition, take into consideration how much your competitors charge for similar products or services to yours. Make adjustments based on your specific business model and offerings to avoid overcharging or undercharging your clients. To position yourself as economically and professionally competitive, set your price in accordance with the current market conditions. 

Keeping your bottom line and return-on-investment in mind as you work to determine your hourly rate is important. The time and money you spent on a project with a client are added together to arrive at this figure. You should include the amount of money you spend on materials, programs, and software in these figures as well. 

From there, you can calculate your hourly rate on the basis of a base figure, ensuring that you make a profit on every transaction you complete. 

Set your hourly rate in addition to your annual salary goal by establishing a salary target. Determine a target salary that is commensurate with the capabilities of your freelancing company. Utilize this method to calculate an hourly rate that is competitive in your industry market and then adjust it based on the resources available to your freelancing business, rather than charging your clients too much. After estimating your total annual expenses, determine an hourly rate that corresponds to your target annual salary, and use that rate as your starting point. 

You will be able to use this information to help you set your initial rates and later on, when your freelancing business grows, to reevaluate your payment workflows. 

The billable hours for a typical 9-to-5 job are consistent across the board: eight hours per day, 52 weeks per year, regardless of the industry. As a self-employed event freelancer, you have greater scheduling flexibility and, as a result, greater payment flexibility. Consider capturing a precise representation of the amount of time spent on each of your provided services in order to arrive at a per-hour rate that accurately reflects and reflects the value of the work you provide clients.

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