Free Invoice Templates Excel. PRODUCT SALES INVOICE, also known as PURCHASE BILL is a commercial document released by a seller to a purchaser. An invoice will reveal details about the transaction and generally will show the products or support being purchased, quantities and also the prices, name and tackle of both buyer as well as seller. A sales bill may also include payment conditions, delivery terms, and other info. Sales / Purchase monthly bill simply indicates that cash is owed or due by one person / organization to another person / business.
Free Invoice Templates Excel. Confusion often comes from the truth that different terms are used to explain the same document. Both Product sales Invoice and Purchase invoice make reference to the same type of document; the actual distinction in the name is actually purely contextual. A customer may refer to an account as a Purchase invoice because him or his firm is making a purchase. A owner may refer to an expenses as a Sales Invoice given that him or his corporation is making a sale.