An invoice is most often mistaken the same as a receipt. This may be because most of their types have almost the same information. It should be clear that an invoice is sent before actual payment has been received while a receipt is given after every purchase.
An invoice is piece of paper or a document that lists all the items that a buyer would purchase. It includes the number and the amount per piece of the items. The seller provides an invoice to the consumer to let them know the final list of their purchases and the total amount that they need to pay.
You can look at our Sample Invoice to know what is written and it and the common format used to create one.
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Private Sales Invoice in PDF
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Commercial Invoice to Download
A buyer must know that reviewing an invoice is important as it has all the information needed for his or her purchase. To assure that all the products that he or she wanted will be given to, look at the invoice and know if all that is there is correct is advisable. This action can avoid future misunderstanding with the seller who sent the invoice.
A well-prepared invoice must have the following details:
- The number of pieces for every item needed by the customer
- The total number of products to be purchased
- An invoice number to assure that the correct product is sent to its buyer
- The term invoice so as to not be mistaken as a receipt
- The selling amount of product per piece
- The total amount a buyer needs to pay
- The deadline for payment of the purchase made
- The terms in which the payment has to be made
- The date and time the invoice was sent
- The date and time the products are delivered
- The information of the seller including the seller’s name, store location and contact details
- The details of the buyer especially if there is a delivery to be made
There are different types of an invoice that vary depending on the purpose of usage. You can take a look at our downloadable and ready to print Sample Blank Invoice Samples and Sample Commercial Invoice Samples for references.
Simple Contractor Invoice Form
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Blank Invoice Printable
Tax Invoice in Word Simple
There may also be variations in an invoice due to the kind of services and products being offered by a company.
If you are having a hard time knowing the difference of a sales and purchase invoice, it is quite easy to know what sets them apart.
A sales invoice is mainly used by the seller. It shows the number of items that they need to get at their warehouse or products that they need to prepare as it is already for a buyer’s consumption. It also allows them to record the amount that they need to get from the buyer.
On the other hand, a purchase invoice is given by the seller to the buyer. It includes the cost that should be paid by the client and the items or services that he or she has purchased or acquired.
Other than a sales and purchase invoice, you can also view our Sample Contractor Invoice Templates to know about this specific kind of invoice.
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