An free invoice is a document people commonly use in business dealings or transactions (usually in sales transactions). It is typically issued by a service provider to a client, usually as a bill listing all the goods or services given to the customer along with the corresponding price for each listed item.
An invoice is issued when a client receives goods or services from the service provider without having paid the full amount upon receiving such items. Upon payment, the service provider typically marks the invoice paid, and issues a sample receipt to recognize the customer’s payment.
An invoice is a document which serves to record the transaction between the service provider and the customer. It is thus important for the service provider to know what to include in a sales invoice before issuing one. Here are some (if not all) of the items included in an invoice.
Aside from being a record of the transaction, an invoice may be considered as a billing invoice, primarily asking the client for the payment he/she owes the service provider.
It informs the client about the purchase he/she has made. This allows the client to check for the accuracy of the information included in the invoice, otherwise, he/she will either confirm it with the service provider or seek legal action. At the same time, the service provider may use the invoice as evidence during a legal action, in case the customer does not abide with the agreed upon terms and conditions.
The preparation of an invoice is a process which any service provider must master, if he/she wants to ensure a successful transaction with a customer. Here are the basics of preparing an invoice.