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What is an invoice? An invoice is a demand for payment (delivered either electronically or physically) that's sent by the seller after the sale of goods/services has been completed, but before payment has been made. In essence, invoices are used to ensure that your business gets paid.

In other words, it's a bill sent along to request payment after work has been successfully rendered. Invoices are the backbone of the accounting system for small businesses. An invoice tells your client how much they owe you, when the payment is due, and what services you provide.

An invoice is an itemized commercial document that records the products or services delivered to the customer, the total amount due, and the preferred payment method.

A commercial invoice is a document created for international shipments containing important information about the export. It includes extra details than regular sales invoices to calculate tariffs and confirm the shipment is legal. Commercial invoices are also used to create a customs declaration.

How to write an invoice? Brand your invoice in the header. Include your contact details. List your company name and information. Write a description of the goods or services you're charging for. Add the dates. Total up the money owed. Explain acceptable payment terms. Choose your payment method.

An invoice is a document that maintains a record of a transaction between a buyer and seller, such as a paper receipt from a store or an online record from an e-tailer. Invoices are a critical element of accounting internal controls and audits.

To request timely payment from clients. To keep track of sales. To track inventory for businesses selling products. To forecast future sales using historical data.