Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and beginning April 20th, 2021 (Eastern Time) the Yahoo Answers website will be in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.
Trending News
what's the difference between an invoice and a bill?
They're both documents asking for payment for things you've bought.
can someone explain what the distinction is, please?
4 Answers
- 8 years agoFavorite Answer
An invoice or bill is a commercial document issued by a seller to the buyer, indicating the products, quantities, and agreed prices for products or services the seller has provided the buyer. A bill indicates the sale transaction only. Payment terms are usually included on the invoice. The buyer could have already paid for the products or services listed on the invoice.
From the point of view of a seller, an invoice is a sales invoice. From the point of view of a buyer, an invoice is a purchase invoice. The document indicates the buyer and seller, but the term invoice indicates money is owed or owing. In English, the context of the term invoice is usually used to clarify its meaning, such as "We sent them an invoice" (they owe us money) or "We received an invoice from them" (we owe them money).
- ?Lv 68 years ago
A bill is a classification for anything meaning money owed.
So in essence an invoice is a type of a bill.
- 8 years ago
There's probably not much difference in meaning. In either case you will have to pay