What is an invoice and why is it important to have an invoice number?
An invoice is a document sent by a seller to the buyer that shows the quantities and costs of the products or services provided. An invoice specifies how much a buyer must pay the seller based on the seller’s payment terms. An invoice is a statement that has the following things involved in it:
* Date of the invoice
* Invoice number given
* Name and address of the person who is making the invoice (the seller)
* Name and address of the person who is demanding the invoice (the buyer)
* Details about all the goods and services that are involved
* Amount of the goods and services
* Quantity and quality of the goods and services
* Other specifications
