![]() Differences with a receipt or a quoteĪn invoice is not the same thing as a receipt or a quote, so be weary if you hear these terms used interchangeably. For more information on the different types of invoices and their uses, please visit our page on invoice type comparisons. There are several different types of invoices, including a credit memo, debit memo, timesheet, self-billing, commercial, consular, collective, customs, electronic, and pro forma invoices. There is also a lot of accounting terms related to invoicing that we covered to help you get started with invoicing. All of these terms are referring to the same type of document. On the other hand, the person who bought the goods or services may call the itemized list from the vendor or the supplier as a purchase invoice. The person sending the invoice, the biller, will often refer to the itemized list as an invoice. Definition and synonymsĪn invoice is often referred to as a sales invoice or a bill of sale, but both are the exact same thing. Technically, an invoice is known as an itemized bill for goods sold or services provided, containing individual prices, the total charge, and the payment terms, according to Merriam-Webster’s Dictionary. Let’s start with a definition of invoice. Let’s dive in and tackle what is an invoice. ![]() So, you’ve heard of invoices, and perhaps even received one or sent one without realizing that’s what it was called.
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