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Invoicenoun

A seller’s itemised request for payment for goods or services.

An invoice is the document a seller issues to a buyer listing items, quantities, prices, taxes and payment terms. It creates the receivable for the seller and the payable for the buyer.

Clear, accurate, promptly issued invoices are the start of getting paid on time.

See it in AWRA OpsHub

Invoice & Billing

Related terms

Credit Note

A document reducing the amount a customer owes on a prior invoice.

Accounts Receivable

AR

Money owed to your business by customers for sales made on credit.

Three-Way Match

Verifying a supplier invoice against the PO and the goods received before paying.

More in Accounting

Accounts Payable (AP) Accrual Accounting Accrued Expense Aging Report Bad Debt Provision Balance Sheet Bank Reconciliation Break-Even Point

Invoice is not just a definition here

Accounting runs on this vocabulary every day in AWRA OpsHub — 51 of our 257 glossary terms describe things the platform actually does.

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