An invoice is a bill that you send to your customer in order to collect money for a sale.
Invoice Extended Definition
When you send an invoice to a customer, you include a list of all the goods or services you provided and the total amount due.
Typically, you must include the following sections on your invoice:
- Customer and seller information
- Goods and/or services purchased
- Total amount due
- Payment terms
- Invoice number
There are several strategies you can use to create a more effective invoicing system. When you utilize your invoices, you may receive money owed to you faster.
Last Updated By
Rachel Blakely-Gray | Apr 12, 2023