![]() Payment receipts should include your business details, the original invoice number (if applicable), the date of payment, the amount paid and any remaining balance.Īny time a payment is received from a customer, a receipt should be issued. It acts as a proof of payment for both your business and the customer. Start invoicing for free What is a receipt?Ī receipt is a document issued by a business to its customer after the customer has paid for items or services. ![]() Invoices are usually issued after the goods or services have been provided, but before the payment has been received. However, it is also possible to issue an invoice after the payment has been made, in place of a receipt. If your business is registered for VAT in the UK, you’ll need to issue a VAT invoice which includes further VAT information. This includes your business and customer’s name and address, an invoice number, the date of issue, the payment due date, a breakdown of the goods or services sold and the total amount due. Since invoices are official business documents, there are mandatory invoice fields that need to be included in them. It’s an official request for payment and also acts as a proof of sale for your business and your customer. ![]() What is an invoice?Īn invoice is a document issued by a business to its customer once it’s time for the customer to pay for the provided goods or services. ![]() Subscribe to our newsletter to receive monthly educational content about invoicing and accounting. ![]()
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