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Invoice

Invoice: What Is It?

An invoice form is used as a receipt or bill, usually given from a seller to the buyer. This document services as a legal form that can list the products or services included as well as the required payment terms. Invoices can be used for purchasing products, buying certain services, or renting items. The information required for the invoice will differ, depending on whether it is a sales invoice, rental invoice, or purchase invoice.

An invoice template will have space for you to list the products or services that are being exchanged or delivered. The monetary amount for each listing should be included, as well as a total for all the products or services. The payment terms for the order should be on the invoice, including when payment must be received and how a payment can be made. An invoice can also indicate if the goods have already been paid for.


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