Hi Charles! I am sending an invoice today for the referral fee. The question I have is do I have to put my bank information on the invoice and my business account number or can I send that with the wire instructions separately?
State/Country relating to question: New York
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Send it separately. This way if you ever change bank accounts you will be able to change the wire transfer information. There is no legal requirement to do this either way - just being practical.
Thank you. I was just confused since I have read somewhere that I should put that info under comments. Ahh..I am reading too much :)
Just to verify, I have put on this invoice only the name of my company (address, phone, e-mail and all that info without EIN), I have put a receipt number, date, bill to (agency information).
As far as the amount, I just put "Referral Fee" into description, the actual amount of 110 euros, Sub Total 110 and Total Due 110 (no sales tax box, nor VAT box since these are not applying here)
Into comments I just put: Payment to be received via bank wire transfer. All bank charges to be paid by sender. Wire instructions to be sent separately.
I think I am all set here to send it, correct?
Thank you Charles :)
You are always welcome.
over 40 years experience in tax matters