Ever needed a way to tabulate and list down your sales of goods from your transaction with a client? Then you are looking for a sales invoice. What’s a sales invoice? A sales invoice is a type of invoice used as a means of requesting the customer to pay for the goods and services provided by the seller during their transaction.
Tax Invoice Template
Simple Tax Invoice Template
Printable Tax Invoice Template
The uses of invoices can be specified into two things: for the exact calculation and listing of a number of goods sold and the cost, and to request that the buyer will repay in full or in installments the exact amount that the buyer is required to pay.
Non Tax Invoice Template
Invoice with Sales Tax Template
Tax Payment Invoice
What Is a Tax Invoice?
A tax invoice is basically an invoice written by a seller of a certain goods or service where the seller is a retailer or wholesaler to another vendor. Note the purpose of a tax invoice is to list down the transactions being done between two vendors; there is no consumer involved. This is typically done so as to avail to a tax credit during the payment of tax. For more information about how to make invoices, search our site for some free invoice templates that you can use as references to making your next invoice.
What Do You Need to Put on an Invoice?
Even the most basic invoice requires a certain format to follow, regardless of the type of invoice being used. These are the most common requirements of an invoice:
- List down basic information about your company such as name of the company, contact number, and address.
- The identity of the purchaser should be listed down clearly and properly.
- A unique invoice number for each invoice.
- The date the products or services is delivered to the purchaser.
- The date the invoice format was made.
- The exact quantity and cost of the goods or services being provided.
- The exact total amount of all the goods and services being provided to the purchaser.
- Identify the method of payment for the invoice, whether immediate or in installments.
Tax Invoice Form
Difference between a Sales Invoice and a Tax Invoice
A sales invoice template is a type of invoice being used as a means of listing down the amount of product or services being requested by the purchaser and the total amount the purchaser must pay to the seller, while a tax invoice is a type of invoice used as a means of transacting business between two separate vendors, in which the purchaser is not a consumer of the product but rather someone who wishes to purchase the product from the seller so as to resell to the consumers.
There are other invoices available as well such as a legal invoice, a challan invoice, a transfer invoice, etc. Each invoice has its own format. However, you may notice that they have an almost similar outline. Using this knowledge, you can use a draft invoice format to save you some time in making an invoice.
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