What is a Sales Invoice?
Sales invoices play a crucial role in accounting and record-keeping for both the seller and the buyer. For the seller, they help track revenue, manage inventory, and maintain financial records. For the buyer, they serve as proof of purchase and may be necessary for accounting and tax purposes.
In the sales process, a sales invoice is a document that outlines the details of a sale transaction between a seller and a buyer. It serves as an official record of the products or services that have been sold, along with the agreed-upon prices, quantities, and any other relevant terms and conditions. Sales invoices are typically issued by the seller to the buyer after a sale has been completed.
Nov 21, 2023
• By Rhea DebbieLou Partosa