Invoice
commercial document issued by a seller to a buyer, relating to a sale transaction and indicating the products, quantities, and agreed prices for products or services the seller has provided the buyer
An invoice is a document used in commerce, particularly in retail. It is made by a person or company who is selling something to a customer (or "buyer"). The invoice is given to the customer as a request for payment. It lists the goods or service provided to the customer, along with the price being charged for each of them.
![](http://upload.wikimedia.org/wikipedia/commons/thumb/5/56/Odell_Hardware_Company.jpg/220px-Odell_Hardware_Company.jpg)
Once the customer has paid for the goods or services, they may be given a receipt. The receipt is the customer's proof that they have paid for the products. A receipt is not the same thing as an invoice.[1]
From the seller's point of view, an invoice is called the sales invoice. From the buyer's point of view, an invoice is called the purchase invoice.
Components
change- The word invoice
- Unique reference number
- Invoice date
- Credit terms
- Tax payments
- Name and contact detail of the seller and buyer
- Tax or company registration details of seller
- Date of transaction
- Purchase order number
- Description of products
- Unit prices of products
- Total amount charged
- Payment terms
Types
change- Collective invoice
- Continuation invoice
- Commercial invoice
- Credit memo invoice
- Debit memo invoice
- Electronic invoice
- Evaluated receipt settlement invoice
- Pro forma invoice
- Progress billing invoice
- Self-billing invoice
- Statement invoice
- Timesheet invoice
Electronic invoices
change- EDIFACT
- Open Application Group Integration Specification
- UBL
- ISDOC
References
change- ↑ Heidi Cardenas; Demand Media. "The Difference Between an Invoice and a Receipt". Houston Chronicle. Hearst Newspapers, LLC. Retrieved 20 February 2014.