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To create an effective invoice that speeds up payment, it’s crucial to ensure it’s professional and straightforward. Begin by using a digital invoice template, available for free in the description, which simplifies the process with built-in formulas. Your invoice should include four key sections: the seller's information, the buyer's information, a description of what was exchanged, and payment instructions detailing how and when to pay. For instance, if running a cupcake business, include your business details prominently at the top. Transitioning from handwritten to digital invoices enhances credibility and encourages quicker payments from customers.