A purchase invoice is a document issued by a seller to a buyer, providing a detailed record of a purchase transaction.
A purchase invoice typically includes essential information such as the invoice number, vendor details, buyer details, item descriptions, quantities, prices, applicable taxes, payment terms, and the total amount due.
The purpose of a purchase invoice is to facilitate accurate bookkeeping, track expenses, support accounts payable processes, and enable proper documentation for auditing and financial reporting purposes.
Sales Invoice
Providing a detailed record of a sales transaction
A sales invoice is a document issued by a seller to a buyer
A sales invoice typically includes essential information such as the invoice number, seller details, buyer details, item descriptions, quantities, prices, applicable taxes, payment terms, and the total amount due.
The purpose of a sales invoice is to facilitate accurate bookkeeping, track sales revenue, support accounts receivable processes, and enable proper documentation for auditing and financial reporting purposes.
It plays a crucial role in ensuring transparency, managing customer relationships, and maintaining financial records for both the seller and the buyer.
