what is the purpose of Invoice ?

This query is : Resolved 

28 January 2011 what is the purpose of Invoice ?

28 January 2011 It is a documentary evidence for the completion of a Transaction against which the payment is made by the buyer and keeps that invoice for future reference and to present it to Tax Department.. It is necessary that an invoice should be generated against every transaction. It is required by the Tax Levying authorities too.



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