Whether you're a seller or a buyer, you need a receipt
in the form of an Invoice. If you want to get paid for goods or services
provided, a formal request for payment is a must. If you receive goods or
services, an invoice is important for your tax records, and managing and
tracking your cash flow. When using an Invoice, you help ensure that there's
always a paper trail.
Use the Invoice document if:
·
You need
to pay for goods or services.
·
You have
to request payment for an itemized list of goods or services.
·
Your HR
department needs to update documents.
An Invoice acts as a
receipt and might be the only proof of a transaction. This document details the
price, products or services, and quantity involved. By regularly using invoices
you can help avoid losing track of money coming in and going out, especially
with a new business. If you're a sole operator, you may be acting as your own
bookkeeper, so with an Invoice you can help you more easily monitor your
accounts. An Invoice is a key document in any business -- make sure you're
covered.
Other names for this document: Commercial Invoice, Bill
Other names for this document: Commercial Invoice, Bill
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