Diffrence btw purchase order and invoice

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Querist : Anonymous

Querist : Anonymous (Querist)

19 January 2014 can i know wht diffrence between purchase order and invoice?

Nikhil Kaushik

Nikhil Kaushik (Expert)

20 January 2014 A purchase order is issued by the buyer to the seller indicating the type of products purchased, quantity of the product, the price and the total amount the buyer is willing to pay the seller. A purchase order constitutes as a legal binding document that a buyer send to the seller. An invoice is bill that is issued by the seller to the buyer, stating the products, quantities, agreed prices of the product or service that is being provided to the buyer. An invoice states the sale transactions only. Payment terms are also mentioned on the invoice stating how and when the buyer is expected to pay, or if the buyer has already paid money in advance.

Querist : Anonymous

Querist : Anonymous (Querist)

20 January 2014 thks nikhil ur lot information

Querist : Anonymous

Querist : Anonymous (Querist)

20 June 2014 sir what diffrence between invoice and bill?

Nikhil Kaushik

Nikhil Kaushik (Expert)

20 June 2014 An invoice is a commercial document issued by a seller to a buyer, indicating the products, quantities and agreed prices for products or services that the Seller has already provided the Buyer with..

A bill is a document requesting payment for goods previously supplied.

in real world often both are used interchangeably.

Querist : Anonymous

Querist : Anonymous (Querist)

20 June 2014

dear sir
my company registered in service tax,we are maintaining web design service to govt how do i generate bill

can i add service tax or not pls let me know urgent

thanks

Nikhil Kaushik

Nikhil Kaushik (Expert)

20 June 2014 you have to add service tax friend...

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