
Invoice
An invoice is a detailed bill issued by a seller to a buyer, itemizing products or services provided, along with their costs. It serves as a formal request for payment, including important information like the seller’s and buyer’s details, payment terms, and date. Think of it as a receipt sent in advance or after a transaction that outlines what is owed. Invoices help both parties keep track of transactions, ensure accurate payment, and serve as legal documentation for accounting and tax purposes.