{"id":7358,"date":"2026-04-10T08:21:57","date_gmt":"2026-04-10T06:21:57","guid":{"rendered":"https:\/\/www.jimdo.com/blog\/?p=7358"},"modified":"2026-04-10T16:53:35","modified_gmt":"2026-04-10T14:53:35","slug":"invoice-terms-for-freelancers-the-essential-glossary-2026","status":"publish","type":"post","link":"https:\/\/www.jimdo.com/blog\/invoice-terms-for-freelancers-the-essential-glossary-2026\/","title":{"rendered":"Invoice Terms for Freelancers: The Essential Glossary (2026)"},"content":{"rendered":"\n
E-invoicing, GoBD, input tax deduction, small business regulation \u2013 anyone who becomes self-employed will sooner or later encounter terms that sound like someone invented them to discourage people from starting a business. But many of these terms aren\u2019t optional. If you don\u2019t know them, you risk incorrect invoices and trouble with the tax office.<\/p>\n\n\n\n
This guide explains the most important terms \u2013 without legalese, with concrete examples. You\u2019ll learn what each term means, when it becomes relevant for you, and how a good invoicing tool takes most of the work off your hands.<\/p>\n\n\n\n
In Germany, \u00a714 UStG (VAT Act) specifies what must appear on an invoice; in Austria, \u00a711 UStG 1994 governs mandatory information \u2013 the content requirements are largely identical. This includes: name and address of both parties, tax number or VAT ID number, invoice date, sequential numbering, description of services, net and gross amounts, tax rate, and date of service. Sounds like a lot \u2013 a good invoicing tool fills in most of it automatically once you\u2019ve entered your master data.<\/p>\n\n\n\n
Every invoice needs a unique, sequential number \u2013 no gaps, no duplicates. The number doesn\u2019t have to start at 1: \u201c2026-001\u201d is just as valid as \u201cR001.\u201d The key thing is: unique and traceable. Errors almost only happen with manual numbering \u2013 an invoicing tool prevents this automatically.<\/p>\n\n\n\n
In B2B transactions, there is always an obligation to issue an invoice \u2013 your client needs the invoice for input tax deduction. In B2C transactions, the obligation applies in Germany only from \u20ac250, in Austria from \u20ac400. Below those thresholds, simplified requirements apply \u2013 more on that under \u201cSmall-amount invoice.\u201d<\/p>\n\n\n\n
For invoices up to \u20ac250 gross (in Austria: \u20ac400), simplified mandatory information applies. Instead of the full details per \u00a714 UStG, the following suffices: full name and address of the invoice issuer, date of issue, quantity and type of service, gross amount (net + tax in one sum), tax rate (or reference to tax exemption, e.g., under the small business regulation). Details such as invoice number, tax number, or the recipient\u2019s name are not required for small-amount invoices. Whether an automatically generated payment receipt \u2013 for example from Stripe or PayPal \u2013 meets these requirements depends on the specific content. When in doubt, you\u2019re on the safe side with a Jimdo invoice.<\/p>\n\n\n\n
If your revenue was less than \u20ac22,000 in the previous year and you stay below \u20ac50,000 in the current year, you can use the small business regulation: no VAT shown on your invoices. But be careful: every invoice must include a note indicating that the regulation applies. If it\u2019s missing, the tax office can still demand the tax.<\/p>\n\n\n\n
Example wording:<\/strong><\/p>\n\n\n\n VAT is added on top of the net amount and remitted to the tax office. Standard rate in Germany: 19%, reduced: 7%. Austria: 20% or 10% (reduced) and 13% (e.g., for accommodation). Small business owners do not show VAT but must include a note on the invoice. In Germany, VAT is colloquially also called \u201cMehrwertsteuer\u201d (value-added tax) \u2013 they refer to the same thing. The correct term, however, is Umsatzsteuer (turnover tax).<\/p>\n\n\n\n B2B clients can reclaim the VAT on purchases from the tax office \u2013 but only with a correct invoice. If mandatory information is missing, the deduction is denied. As a freelancer, you\u2019re also responsible for ensuring that your clients can submit their invoices properly.<\/p>\n\n\n\n GoBD stands for \u201cPrinciples for the Proper Management and Storage of Books, Records, and Documents in Electronic Form\u201d and applies to all self-employed individuals in Germany \u2013 including small business owners. It prescribes how digital accounting data and receipts in Germany must be recorded, processed, and stored in an audit-proof manner. In essence: invoices must be traceable, unalterable, and completely archived. An invoice in Word that you can retroactively edit is not GoBD-compliant. An invoicing tool that logs changes, however, is.<\/p>\n\n\n\n In Austria, there is no direct GoBD equivalent. Here, the Federal Fiscal Code (BAO) and the Commercial Code (UGB) serve as the basis for proper bookkeeping \u2013 with comparable requirements for traceability and retention.<\/p>\n\n\n\n Not just a simple PDF sent by email, but a structured electronic format (ZUGFeRD or XRechnung) embedded in the PDF\u2019s metadata that machines can read. Mandatory for B2B invoices in Germany from 2027. ZUGFeRD combines a human-readable PDF with machine-readable XML \u2013 for most solo freelancers, the more relevant format. XRechnung is pure XML and is already mandatory for invoices to public sector clients.<\/p>\n\n\n\n Good to know: <\/strong>From 2027, the e-invoicing obligation applies to B2B transactions in Germany. Austria currently has no comparable obligation but accepts both ZUGFeRD and XRechnung. Anyone who already uses invoicing software that supports e-invoicing will be spared the transition later.<\/p>\n\n\n\n A link with a pre-set amount that you can share via WhatsApp, email, messenger, or SMS. Your client clicks and pays directly online. Important: a payment link does not replace an invoice. In B2B transactions and for amounts over \u20ac250 (DE) or \u20ac400 (AT), you also need a proper invoice. Otherwise, the simplified requirements for a small-amount invoice apply.<\/p>\n\n\n\n Stripe enables online payments via credit card, SEPA direct debit, Klarna, and more. PayPal has the advantage that many end customers already use the service. Ideally, you offer multiple options \u2013 platforms like Jimdo integrate both.<\/p>\n\n\n\n With every online payment, a fee is charged by the payment provider. The amount varies depending on the provider and payment method. When calculating your prices, you should factor in the fee.<\/p>\n\n\n\n If you offer online payments, you must name the payment provider in your privacy policy and disclose the data processing. Jimdo handles this automatically via the Legal Text Guarantee with the Trusted Shops Legal Text Manager \u2013 your privacy policy is updated when you activate new features like payment links.<\/p>\n\n\n\n Tip: <\/strong>When in doubt, a formal standard invoice is always the safe choice \u2013 and with Jimdo, it\u2019s created in under two minutes. With Jimdo invoices, you can meet all legal mandatory requirements, are GoBD-compliant in Germany and BAO-compliant in Austria \u2013 and you get paid faster when you use an integrated payment link.<\/p>\n\n\n\n Not every term is equally relevant for everyone. Here\u2019s a quick orientation:<\/p>\n\n\n\n Even under \u20ac250\/\u20ac400, you always need an invoice (or receipt) containing the following minimum information: (1) Full name and address of your business. (2) Date of issue. (3) Quantity and type of goods delivered or the scope\/type of service. (4) Total amount including tax (gross amount). (5) The applicable tax rate (e.g., 19%) or a note on tax exemption (e.g., small business regulation).<\/p>\n\n\n\n Tip: <\/strong>A standard cash receipt or a proper online receipt almost always meets these requirements.<\/p>\n\n\n\n Mandatory information, invoice numbers, and input tax deduction are your daily bread. From 2027, e-invoicing too (in Germany).<\/p>\n\n\n\n The small business regulation is your most important lever. Don\u2019t forget the \u00a719 UStG reference on every invoice.<\/p>\n\n\n\n AI-powered tools can take work off freelancers\u2019 hands when it comes to invoicing: creating mandatory information, calculating tax rates, applying discounts. Jimdo Companion analyzes your business and provides concrete recommendations \u2013 including how to make your payments and invoicing processes more efficient.<\/p>\n\n\n\n Invoices and payment links are included in all paid Jimdo plans \u2013 at no additional cost.*<\/p>\n\n\n\n Want to see what Jimdo Companion specifically recommends for your business?<\/p>\n\n\n\n\n
Taxes and Compliance<\/strong><\/h2>\n\n\n\n
VAT (Umsatzsteuer \/ USt)<\/strong><\/h3>\n\n\n\n
Input Tax Deduction (Vorsteuerabzug)<\/strong><\/h3>\n\n\n\n
GoBD (Germany) \/ BAO + UGB (Austria)<\/strong><\/h3>\n\n\n\n
E-Invoice (E-Rechnung)<\/strong><\/h3>\n\n\n\n
Terms Related to Payments<\/strong><\/h2>\n\n\n\n
Payment Link<\/strong><\/h3>\n\n\n\n
Stripe and PayPal<\/strong><\/h3>\n\n\n\n
Transaction Fee<\/strong><\/h3>\n\n\n\n
Legal Text Guarantee and Legal Text Manager<\/strong><\/h3>\n\n\n\n
Quick Check: What Applies to You?<\/strong><\/h2>\n\n\n\n
You only sell to private customers, not to businesses?<\/strong><\/h3>\n\n\n\n
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You sell B2B, but under \u20ac250 (DE) \/ \u20ac400 (AT)?<\/strong><\/h3>\n\n\n\n
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You have B2B clients?<\/strong><\/h3>\n\n\n\n
You\u2019re a small business owner?<\/strong><\/h3>\n\n\n\n
How Does AI Help with Invoicing?<\/strong><\/h2>\n\n\n\n
Try It Now<\/strong><\/h2>\n\n\n\n