Invoice

A document given by the seller to the buyer for credit sales of goods is called invoice.

An invoice or bill could be a written document issued by a vender to a client, indicating the product, quantities, and united costs for product or services the vendor has provided the customer. Associate in Nursing invoice indicates the sale group action solely. Payment terms square measure freelance of the invoice and square measure negotiated by the customer and therefore the vender. Payment terms square measure typically enclosed on the invoice. the customer might have already purchased the product or services listed on the invoice. client also can have a most range of days within which to get hold of these merchandise and is usually offered a reduction if paid before the maturity.

In the rental trade, Associate in Nursing invoice should embrace a particular respect to the length of the nowadays beaked, thus additionally to amount, value and discount the invoicing quantity is additionally supported length. usually every line of a rental invoice can check with the particular hours, days, weeks, months, etc., being beaked.

From the purpose of read of a vender, Associate in Nursing invoice could be a sales invoice. From the purpose of read of a client, Associate in Nursing invoice could be a purchase invoice. The document indicates the customer and vender, however the term invoice indicates cash is owed or owing. In English, the context of the term invoice is sometimes wont to clarify its which means, like "We sent them Associate in Nursing invoice" (they owe United States of America money) or "We received Associate in Nursing invoice from them" (we owe them money).