what is the purpose of Invoice ?
what is the purpose of Invoice ?
CA CS CIMA Prakash Somani (Landmark Group) (23512 Points)
28 January 2011
2 Replies
PRATEEK PATEL
(Student [I.C.A.I])
(993 Points)
Replied 28 January 2011
As we know an invoice or bill is a commercial document issued by a seller to the buyer,
Purpose of invoice is to indicate the products, quantities, and agreed prices for products or services the seller has provided the buyer & to indicate the amount that the buyer must pay the seller, according to the payment terms & the maximum amount of days to pay these goods and are sometimes offered a discount if paid before.
Invoice is documentary evidence of transaction.
CA CS CIMA Prakash Somani
(Landmark Group)
(23512 Points)
Replied 04 February 2011
thnx PRATEEKKUMAR PATEL
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