Difference between Invoice and Receipt

1. Difference between Invoice and Receipt When making an invoice for your organization there are some things you can do to make a virtuous invoice considerable. Now prepare your invoice with the help of free online Invoice Generator www.inboldsolutions.com www.inboldsolutions.com free online Invoice Generator of But before starting using the software, you should know the exact difference between both the invoice and receipt. . Invoice and receipt Invoice and receipt are used during the course of a transaction. These are the non-negotiable merchandising instruments. While an invoice invoice is a paper or a document, maintained by the seller and issued to the buyer, so as to approve the sale. It contains the particulars or details contains the name and address of the parties to the agreement, cost, discount, date, and location of delivery. particulars or details of the goods and Whereas in contrast, a receipt receipt is just an official acknowledgment, that the goods or services have been received by the customer. It is prepared by the vendor and given to the purchaser and is used to show the possession of the good. **********