Creating an invoice in TaxTank is quick and straightforward. Follow the steps below to send professional invoices to your clients.
Step 1: Navigate to the Invoices Tab
From the left-hand menu, select Sole Tank.
Choose the business you’re creating the invoice for.
Click on the Invoices tab.
Click the Add Invoice button to start a new invoice.
Step 2: Select an Invoice Template
Choose an existing invoice template, or create a new one if you don’t have one.
Most fields will be pre-filled with the template terms, but you can override any details if needed.
Step 3: Choose a Payer
Select an existing contact from the dropdown list, or
Add a new payer by entering their details on the spot.
Step 4: Enter Invoice Details
Fill in the key information:
Issue date
Due date
Bank account for payment
Reference or description (optional)
Invoice number – auto-generated or editable
Click Continue to move on to adding line items.
Step 5: Add Line Items
Select an income category by searching or scrolling through the list.
Enter the price, quantity, and description.
TaxTank will automatically calculate totals and GST.
To add more items, click Add Income.
Optional: Add Expenses
If you need to include deductions like commissions or tax withheld, click Add Expense and enter the details.
Step 6: Review the Invoice
Double-check all details including totals, GST, and client information.
Use the Back button to make changes to previous steps if needed.
Step 7: Save or Send
Save as Draft – keep the invoice for later completion or review.
Save and Send – automatically email the invoice to your client immediately.
Sent invoices will appear in the Pending tab until fully paid. When payments arrive, you can allocate them to the invoice in TaxTank.