An invoice is a formal document that itemizes costs, documents the transaction, and helps in the organization of your financial operations.
If you’re purchasing or selling products or services, you’ll almost certainly require an invoice. There is a lot of information you need capture, as seen in the example invoice below. Aside from being a formal document that itemizes expenses, an invoice may be the sole record of the transaction, making it an important document for maintaining financial records.
Because most transactions are unique, each example Invoice must also be customisable. There are key items that should be in every example Invoice regardless of what is bought. The price and quantity of each item are vital starting points, but an Invoice should also contain a description of the products or services bought, any taxes or levies present, any relevant discounts, and any names or dates associated with the transaction.
