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Invoice Forms
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Posted On :
Sep-30-2011
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Article Word Count :
428
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Invoice Forms are basically a commercial manuscript which are been issued by the seller and are therefore based on the payment terms.
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Invoice Forms are basically a commercial manuscript which are been issued by the seller and are therefore based on the payment terms. The consumer is been given a particular duration of time to repay the bills and if he pays the amount before the due date he usually gets a discount. In any leasing industry, the invoice bill should include the duration in which the bill should be cleared and percentage of discount that has to be given if the consumer pays the bill before that particular time.
From sellers vision the invoice form is sales invoice, while from the consumer point’s of view it’s a purchase invoice. The manuscript over here indicates the consumer or the peddler but the basic term i.e. the invoice denotes the money which is to be paid.
There are some points which the invoice forms contain:
It contains a unique reference number
Then there is the date of invoice
There are other clauses like some taxes which have to be charged if required (e.g. VAT)
General information about the seller
Another important detail is the company’s registration number
Personal details of the consumer
That particular date on which the product was delivered
The serial number of that particular commodity
A brief description about the product
The basic cost of the product that has to be paid
After that comes the mode of payment option (e.g. cash,cheque,card)
Common types of invoices:
Pro forma invoice- it is deed which is prepared by the seller to give some particular goods to the consumer at some particular prices. We have to note that this not a true invoice since both the sides i.e. the seller and the consumer does not keep a record of the goods.
Credit memo- in this if the consumer returns the commodity which he has purchased earlier then the seller has to return the actual price of that commodity.
Commercial invoice- this is usually a declaration form which is used in the international trade which involves the shipping transaction and also the goods which are been delivered
Debit memo- usually a short notice which is issued when the consumer fails to refund the loan
Conclusion: thus these were the some common forms of the invoice forms. Basically we have come across some of the most common terms of trading when-ever it comes to a business sector. These forms help a lot to manage all the date both for the company as well as for the consumer.
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Article Source :
http://www.articleseen.com/Article_Invoice Forms_87479.aspx
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Author Resource :
sampleforms.org providing all types of forms like Invoice Forms and its valuable information articles. You can find more information by visiting their website: sample forms
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Keywords :
sample forms, Invoice Forms,
Category :
Finance
:
Real Estate
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