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Accountancy Forum The Profession Tax v
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Bill instead of GST Invoice

 
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Bill instead of GST Invoice
olympia
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#3
12-22-2010, 08:11 PM
1. An invoice is a commercial document issued by a seller to a buyer, indicating the products, quantities and agreed prices for products or services that the Seller has already provided the Buyer with. An invoice indicates that, unless paid in advance, payment is due by the buyer to the seller, according to the agreed terms.

2. A bill is a document requesting payment for goods previously supplied. This presentation of a bill is common practice on the part of restaurants, credit card companies, utilities, and other service providers. The bill for something is the total price of all services and goods received but not yet paid for, and is presented in the expectation of immediate payment in full.

Rectify me where necessary.....
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Messages In This Thread
Bill instead of GST Invoice - by [email protected] - 12-17-2010, 09:58 PM
[No subject] - by [email protected] - 12-21-2010, 08:52 PM
[No subject] - by olympia - 12-22-2010, 08:11 PM
[No subject] - by [email protected] - 12-23-2010, 02:33 PM

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