The ACCA Learning Community
282 online now in this group

can anyone please describe me clearly what an invoice is?

0 Votes
November 29th 2016 AN ACCA USER 270 Points

1 Reply

+1 Vote

An invoice is a financial transaction document that is given to a customer to show exactly how much is owed to the business for goods purchased on credit. In sequence, an invoice is normally given after the customer has sent a purchase order to the business, detailing what he/she would like to order. Prior to that, the business would have sent the customer a quotation to show how much the item/s cost.

January 12th 2017 AN ACCA USER 160 Points