![]() When you send your invoice depends upon the agreement you have with your clients. These documents are usually sent when a project has been completed, a milestone has been achieved, or at timely intervals (e.g., at the end of the month, bi-monthly, etc.). What’s an invoice, and what does it have?Īn invoice, also known as a sales invoice, is a commercial document made by business owners and freelancers to request payment from their clients. Usually created for short-term and one-time tasks. Occurs at timely intervals (e.g., end of month, end of project, etc.). Larger by comparison, and have multiple elements. Smaller in size, and contain a few basic details. Usually created for individual customers. Here, we’re detailing for our readers exactly what bills and invoices are, and how to differentiate between the two. ![]() If you’re questioning the exact same thing, this article is for you. One might even question where the similarities stop, and where the differences begin. So, it’s established that in the Venn diagram of payment-related documents, invoices and bills merge together in many ways. ![]() ![]() Created by the seller or the merchant who sold the product or service.Required so that businesses can get paid.Made with the specific purpose of requesting payment.Created to show proof of payment request.Invoices and bills are two sides of the same coin. ![]()
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