I bill monthly and it is the same amount each month so there really is no need to send out invoices. I do not regularly give out receipts unless someone requests it. I do create invoices on my minute menu program for my own records and then record payments. At the end of the year I give parents a printout of all payments made for the year for taxes.
Same. Except I use an Excel spreadsheet so I can import it to my profit/loss worksheet, income balance, and balance sheet. All that paper seems totally unnecessary unless the payment would be different every week.
@NoMoreJuice--
Would you be willing to explain these documents a little more? Or share blank ones, if possible. I'll be opening my daycare in August, and am not really sure where to begin in terms of recording keeping income and expenses and other information for tax time...
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