By Sondra Martin - March 17 2018 14:33:37
An invoice provides a detailed account of the products or service and a set of other information that can vary a bit depending on the requirements in the country the invoice is issued and the type of product or service being sold.
Feel free to use this free invoice template as a model for your own simple invoices. If you like, you can copy it into MS Word or some other word processor, and substitute your relevant data, using your own customized business letterhead, and formatting the invoice template as you desire.
Invoices may be mailed or emailed or faxed to a customer. When a customer pays, the invoice number should be noted on the sales receipt and matched to the sales receipt in your accounting software, so it is clear that the invoice has been paid. The payment takes the outstanding amount out of your accounts receivable account.
An invoice indicates what must be paid by the buyer according to the payment terms of the seller. Payment terms usually specify the period of time that a buyer has to send payment to the seller for the goods and/or services that they have purchased.
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