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Quick invoice template free1/7/2024 It is commonly used for online transactions or transactions not done physically. E-InvoiceĮ-invoice can be defined as an invoice that is sent to a client through electronic means. Commercial InvoiceĪ commercial invoice is a type of invoice that is commonly used across the border sales.Ī typical example of a commercial invoice is the CCI which is used in Canada for shipping goods abroad. It contains a list of items sold or services rendered with different payment due dates. Mixed InvoiceĪ mixed invoice is a combination of debit and credit. When the debit invoice is sent to the seller, the seller then prepares a credit note/invoice. This happens mostly when the goods are damaged or when an incorrect good is delivered. Debit InvoiceĪ Debit invoice or a debit note is a statement issued by the buyer to the seller as evidence for the return of a good. Credit InvoiceĬredit Invoice is also known as Credit Note and it is used when there is a price reduction, to write off balance, or to correct a pricing error. It usually contains your business contact details, client details, invoice number, service cost, service charge, and payment details. Standard InvoiceĪ standard invoice is a straightforward invoice that contains a description of goods sold or services rendered as well as the cost. 7 Types of InvoiceĪs much as all invoices are aimed at recording transactions to retrieve payment, they are of different types. However, each of the reasons is all aimed at simplifying financial transactions. There are several reasons why invoices are prepared. Therefore, free invoice templates and apps make business transactions easier for all businesses, especially startups. Invoices are extremely important transaction statements designed to ensure complete payment for goods sold or services rendered.
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