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Invoice Date. The date on which an invoice for a good is issued, which is usually the same day the good is sent to the buyer. Payment is due a certain number of days after the invoice date.
An invoice is a document that a business issues to its customers, asking the customers to pay for the goods or services that the business has supplied to them. Invoices can be issued either before or after the goods or services are supplied.
Ideally, as soon as you complete a project or deliver a product you should send out an invoice immediately. Remember, the sooner you send out an invoice, the sooner you'll get paid.
You should send an invoice before receiving payment. An invoice is giving your client the information necessary to complete the payment, so having it before is beneficial to both parties.
There is no specific time limit set for invoices. The legal wording generally used is that an invoice must be issued within a “reasonable” amount of time. The definition of reasonable varies depending on the industry you are in, state and about any other circumstance you could think of.
The importance of the due date on an invoice Unsurprisingly, the main reason to state a set due date on an invoice is to encourage your customers to pay you within a certain period of time. However, this still means that you should agree upon a final date for payment that can be placed clearly on the invoice.
Invoice Date. The date on which an invoice for a good is issued, which is usually the same day the good is sent to the buyer. Payment is due a certain number of days after the invoice date.
The most basic purpose for a sales invoice is to keep a record of the sale. It provides a way to track the date a good was sold, how much money was paid and any outstanding debt. The invoice is an invaluable tool for accounting. It can also track which employees make sales and the items they sell.
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