Invoice is a commercial document issued by a seller to a buyer. An invoice contains date of invoice, seller information, buyer information, description of goods/services, quantity, price, taxes and total amount due. An invoice services as a demand for payment from the seller. When the buyer accepts and pays the invoice in full, it becomes a legal title to the service or goods purchased. It is a good practice to issue an invoice for any goods or services rendered to maintain compliance with the law and develop strong internal controls.
This invoice format and generator can be used by a seller or service provider to quickly and easily generate an invoice for the sale of goods or services. Once, the invoice is generated, it can be printed on the letterhead of the Company and issued to the Buyer. It is a common practice to affix the seal of the company and sign the invoice while issuing the document to the Buyer.
This invoice can be printed on the letterhead of the business or on a plain white paper with the logo or information about the Company. Invoice is usually signed by an authorized person in the accounting department of the business and is stamped with the business seal. One copy of the document is retained by the Seller and another is issued to the Buyer.