What is the meaning of invoice?

Showing Answers 1 - 19 of 19 Answers

vinod sonawane

  • Oct 6th, 2005
 

A formal request for payment; a written record of a transaction submitted to customer or client when requesting payment for services or goods delivered; includes taxes where applicable; also called bill, and sometimes statement, though the term "statement" has a different meaning that does not include a formal request for payment

S.RAVINDRA

  • Jan 6th, 2006
 

Invoice is a statement which contains the under mentioned details compulsorily.

1. Invoice Numner

2. Invoice date

3. Name and address of the person making the invoice ( Seller of goods and service)

4. Name and address of the person to whom invoice is made. ( Buyer of goods and service)

5. Description of goods / services involved

6. Applicable rates and taxes with percentages

7. Rate of the goods / services

8. Quantity of the goods and services

9. Quality or any other specifications

10. Price / Value of the goods and services

11. Invoice must be signed by the person making it

12. Terms and conditions of making the payment

 

shambhi

  • Jun 3rd, 2006
 

purchase book writtenup with the help of invoices received. Whether goods are bought by a trader on credit, he receives from the supplier either through post or along with the goods a statement giving the particulars of the quantity, quality and the price of goods. The statement is know as invoice.

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Rajeshwari

  • Apr 2nd, 2007
 

When ever goods are bought by the trader on credit, he receives from the supplier either through post or along with the goods, a statement giving the particular of the quantity, quality and the price of goods.

krishna murthy

  • Apr 9th, 2007
 

invoice is a statement sent by the seller to the purchaser which contains the details of the quantity of goods sold and price of the goods/product, terms and conditions of payment particulars.

vaishnavi

  • Sep 19th, 2007
 

Invoice is a document sent to the customer by the seller for the payment of the bill for services / goods delievered. It is also known as Bill.

sureshtrl

  • Oct 12th, 2007
 

Invoice is nothing but credit sales made

wasim_inam

  • Sep 9th, 2008
 

Invoice is credit sales receipt, monthly statement (newspaper, membership, Advertisement Fees), Purchase orders, utility Bills (Water, Sewer, Electricity, Telephone bills). Customer has to pay according to invoice if he is obtaining above services.

Invoice is nothing but data which has unique invoice no, customer no to whom service provided. eg. for Telephone bills there wil be customer account no, service period, amount to pay, due date, discount if any, discription of usage of telephone (total minutes, charges per minute, STD or ISD calls etc.)

Invoice is a commercial document issued by a supplier to the buyer. Its contain Invoice date, invoice number, detail of lended goods or service, PO number quantity, net price, shipping address and Remittance address

Invoice is a legal document provided by the seller to the buyer to get his payment.  Once the document is generated, can be cancelled by issuing a credit note and cannot be cancelled without having a credit note. 

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Cody2727

  • May 8th, 2011
 

An invoice is a bill for services rendered that the company must pay within a determined amount of time, usually 30 days.

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Invoice is a bill or document or a statement sent by the Seller to the Purchaser or Buyer with the details of Goods or Services with quantity, unit price, total price and terms of payment.

Should be addressed to the Seller, having a unique invoice no., date, amount, currency,
P.O No., Delivery Note No. Tax Code, Bank Account no. to which amount to be remitted and any other relevant information required for the Payer.

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PaulaH

  • Jul 14th, 2011
 

A bill which is prepared by the vendor for the good or service sold to the purchaser and shows the amount to be paid, including freight and sales taxes, and date due.

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Sandeep

  • Jul 15th, 2011
 

An invoice or bill is a commercial document issued by a seller to the buyer, indicating the products, quantities, and agreed prices for products or services the seller has provided the buyer. An invoice indicates the buyer must pay the seller, according to the payment terms. The buyer has a maximum amount of days to pay these goods and are sometimes offered a discount if paid before.
The term invoicing is also used to refer to the act of delivering baggage to a flight company in an airport before taking a flight.In the rental industry, an invoice must include a specific reference to the duration of the time being billed, so rather than quantity, price and discount the invoicing amount is based on quantity, price, discount and duration. Generally speaking each line of a rental invoice will refer to the actual hours, days, weeks, months, etc being billed.

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Jacky Dhalani

  • Jul 19th, 2011
 

Invoice is nothing but credit sales made or Invoice is the bill raised by the vendor claiming payment .

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reetu

  • Jul 20th, 2011
 

An invoice or bill is a commercial document issued by a seller to the buyer, indicating the products, quantities, and agreed prices for products or services the seller has provided the buyer. An invoice indicates the buyer must pay the seller, according to the payment terms. The buyer has a maximum amount of days to pay these goods and are sometimes offered a discount if paid before.

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