invoice


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Related to invoice: Proforma Invoice

Invoice

Bill written by a seller of goods or services and submitted to a purchaser for payment.

Invoice

A statement given by a seller to a buyer itemizing the sale and demanding payment. An invoice may be for the sale of a good or a service. The invoice usually states the names of the counterparties and the goods and/or services purchased, and adds any applicable sales tax or VAT. It may also include the terms of sale, especially if it is a credit sale. An invoice is also called a bill or a due bill. See also: Receipt.

invoice

a document sent by a supplier to a customer that itemizes the products supplied to the customer, their prices, and the total amount of money owed by the customer for these products. An invoice is usually sent after the products have been shipped with their associated DELIVERY NOTE, and serves to inform the customer that payment is required. See STATEMENT OF ACCOUNT.

invoice

a document sent by a supplier to a customer that itemizes the products supplied to the customer, their prices, and the total amount of money owed by the customer for these products. An invoice is usually sent after the products have been shipped, with their associated DELIVERY NOTE, and serves to inform the customer that payment is required. See STATEMENT OF ACCOUNT.
References in periodicals archive ?
According to PayStream Advisors' latest report, Electronic Invoice Management:
And for large companies that process lots of invoices in any given year, that can yield a substantial savings -- nearly $2 billion a year in the case of General Electric Co.
For a Zoho Show presentation and screenshot examples of Zoho Invoice, visit Raju Vegesna's blog post at http://blogs.
But now, during the VAT era, a seller needs to ensure that these invoice numbers are sequentially mentioned, so that no number is missing or untraceable.
Furthermore, network services like the Basware Portal provide a secure, easy to use e-invoice channel designed for companies who have no capabilities or invoice processing systems to receive e- invoices.
Direct Insite's Invoices On- Line (IOL) suite simplifies AP and AR processes such as: electronic invoice distribution and submission; purchase order submission, distribution and acknowledgement, invoice processing and validation, line-item matching, approval routing, invoice consolidation, dispute management,e- payment processing, and reporting and analysis.
A full audit trail also ensures that at any given time business owners can see whether an invoice has been paid or if it's awaiting approval.
Cost savings of 44 percent in the accounts receivable (AR) departments, where manually-processed invoices cost on average $4 per invoice and fully-automated invoices $2.
Paper and electronic invoices will be treated equally, which will allow businesses to move to a 100% e-invoicing system.
Currently, the VAFSC must perform a security check on each invoice as it arrives by mail, slowing the process considerably.
If all orders are fulfilled correctly and billed accurately, the customer has no good reason to delay or short-pay an invoice, and disputes should be prevented.