Invoice
What is Invoice?
An invoice is a document issued by a seller to a buyer, detailing the products or services rendered, the cost, and the terms of payment. It serves as a record of the transaction and provides a way for the seller to request payment from the buyer.
What are the types of Invoice?
There are several types of invoices commonly used in business transactions. Some of the main types include: 1. Standard Invoice - the most basic form of invoice, detailing the products or services provided and the total amount due. 2. Proforma Invoice - issued before the actual delivery of goods or services, serving as a preliminary bill of sale. 3. Commercial Invoice - used for international trade to declare the value of goods being shipped. 4. Timesheet Invoice - used for billing based on the hours worked by an individual or team.
How to complete Invoice
Completing an invoice is a straightforward process that involves filling in key information about the transaction. To complete an invoice, follow these steps:
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