Question 1

Where is my invoice data stored?

Accepted Answer

Entirely in your browser. Your own details, logo, and recent clients are saved to your device's localStorage and never transmitted to our servers — we literally don't have a database. When you download the PDF it's generated in-browser too. Clearing your browser data (or using the 'Clear saved data' button) wipes everything.

Question 2

What VAT rate should I charge?

Accepted Answer

This depends on your country and whether you're selling B2B or B2C, domestic or cross-border. The template defaults to 20% (a reasonable middle of the EU range: Germany 19%, France 20%, Italy 22%, Netherlands 21%). For intra-EU B2B services you'll often reverse-charge and set the rate to 0% with a note — consult your local rules. For non-EU clients the supply is generally outside the scope of VAT.

Question 3

Can I charge interest on late invoices?

Accepted Answer

Yes — EU Directive 2011/7/EU gives you the statutory right to interest at the European Central Bank reference rate plus 8 percentage points, plus a minimum of €40 in fixed compensation per overdue invoice, without needing to send a reminder first. The default footer references the directive. Every EU member state has transposed it into national law, so the specific enforcement route varies by country.

Question 4

Can I add my own logo?

Accepted Answer

Yes — upload a PNG or JPG and it'll appear in the invoice header and PDF. The image is stored locally in your browser, not uploaded anywhere. Keep logo files under about 1 MB for best performance.

Question 5

Does the invoice number auto-increment?

Accepted Answer

Yes. The number you enter is remembered in your browser, and the next invoice will suggest the next number up. You can always override it manually if you prefer a custom scheme (date-based, client-based, sequential with a prefix, etc).

Question 6

Is this suitable for business or tax filings?

Accepted Answer

The invoice includes every standard field (invoice number, dates, line items, subtotal, tax, total, payment terms, and notes) and outputs a clean PDF ready to send. It's perfectly fine for freelance and small-business invoicing. It is not a substitute for accounting software for bookkeeping or tax returns — for that you'd want FreshBooks, Xero, QuickBooks, or similar.

Question 7

Is the legal footer text legal advice?

Accepted Answer

No. The late-payment clause shown in the footer is boilerplate we've pre-filled based on your selected locale and is editable before you download. It's a starting point, not legal advice. For anything contentious — a client disputing interest, for example — talk to a solicitor or accountant familiar with commercial law in your jurisdiction.

Question 8

Is this tool free to use?

Accepted Answer

Yes — completely free, no sign-up, no account. TimeIsMoney.tools is supported by minimal, non-intrusive advertising. Nothing you enter leaves your browser.

A professional invoice in 60 seconds — no sign-up

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