what is the differance bet ween Bill and invoice?
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Answer / anuradha
Bills are maintained by retailers where as Invoices are
made by manufacturers and wholesalers.
| Is This Answer Correct ? | 10 Yes | 2 No |
Answer / sharda bajracharya
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.
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. If a bill is not
paid, a collections company is usually given the
responsibility of collecting the amount due and service is
terminated. Under English law, a person who makes off
without paying the bill, or who dishonestly secures a
remission in the amount payable, commits an offence under
the Theft Act 1978. When a company cannot pay its bills, it
is said to be insolvent.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / jayashree
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.
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. If a bill is not
paid, a collections company is usually given the
responsibility of collecting the amount due and service is
terminated. Under English law, a person who makes off
without paying the bill, or who dishonestly secures a
remission in the amount payable, commits an offence under
the Theft Act 1978. When a company cannot pay its bills, it
is said to be insolvent.
These two words are generally used interchangeably
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / mohan kumar
Proforma is billing before the item is shipped or even
manufactured
Commercial invoice is when the items has been shipped and
the amount that
is due an payable.
| Is This Answer Correct ? | 0 Yes | 2 No |
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