Invoice is an office based document and process where a seller distributes a commercial document displays the profit or sale from one business to another business or consumer, owners etc. It may contain information about the particular party name, product quantity, tax, and GST and payment terms.
On the other hand, a Billing is a sales document that mostly deals with the payment for purchasing items, products or services with respect to. It’s either written in a piece of paper or in electronically format to serve as a transaction happens between the buyer and the seller or else vice-versa.
An invoice is an item or product based document that maintain track of products or services delivered to the customer, customer, total amount, dues etc.
Invoices are nothing but the commercial records that helps organizations and companies to get paid for their services.
Every small business invoice must include:
Invoice Number
Each invoice has its own unique number or code which helps to understand both consumer and customer in well-organized manner. With TRIRID-Billing software while creating/adding new invoice you can able to create invoice number as per your format. Most online invoice software has facility to auto-generate a unique invoice number for your business and organizations
Invoice Date
In TRIRID-Billing software while creating/adding new invoice, an invoice is created with current date.
Contact Information
With TRIRID-Billing software while creating/adding new invoice you can enter contact information but it’s not mandatory.
Price and Quantity
With TRIRID-Billing software while creating/adding new invoice you can enter price and quantity although you can edit too.
Subtotal, Taxes or Discounts
With TRIRID-Billing software while creating/adding new invoice the sub total, tax or discounts all these calculate automatic.
For More Information:
Call @ +91 8980010210
Visit @ https://tririd.com/tririd-biz-gst-billing-accounting-software
