What Is the Difference Between Billing and Invoice?Small business owners are independently responsible for many issues at once. To competently conduct their activities, they should use the correct terminology and clearly understand the meaning of legal and business words. It is also essential to know how to make an invoice, bill, and check correctly. In this article, we will compare a bill vs. invoice and tell you how they differ and in which situations they are used.
What Is an Invoice?Invoices are documents created by a supplier of goods or services to request payment from an orderer. Freelancers, vendors, independent contractors, and other self-employed people use this type of paper to be compensated for the tasks completed. You can create forms yourself or opt for ready-made templates with empty fields for filling on the Saldo Invoice app. Typical blank invoice samples contain the following blocks:
- issue and due date;
- contacts of a contractor and a client;
- a list of items that were provided, their quantity, and price;
- fees, shipping costs, taxes, and discounts;
- total sum;
- payment options;
- notes, tips, and recommendations (optional);
- the signature of a person who wrote out a paper.