It’s hard to do most forms of business without some sort of invoice. After all, a small business owner needs to collect payment from their customers, and they need to document their transactions to ensure that happens. Likewise, customers and clients need to know what they’re being charged for and how much to pay. An invoice accomplishes all of these goals.
What is an Invoice?
What is an invoice? An invoice is a commercial document that itemizes items for which a customer must pay. It includes information such as the date, the total amount due and a list of each item being billed along with its individual cost. Invoices also often include payment terms, and they can be created and sent in both electronic or print formats.