BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -A sales invoice is a legally binding document that lays out the products and services provided, transaction dates, the amount owed, payable taxes, payment terms, and any other important information your client needs to know.

Detailed explanation-2: -A sales invoice includes contact information for both you and your customer. It also includes an invoice number, invoice date, due date, the amount due, payment terms, and a description of the services or goods that have been delivered.

Detailed explanation-3: -b. Note: When the taxpayer is engaged in sale of goods or properties, it will need to issue a sales invoice when the goods is sold to the buyer, whether cash or on credit. If the sale was on credit, the seller will then issue an collection receipt upon receipt of cash as payment from the buyer.

Detailed explanation-4: -A sales invoice is an accounting document that businesses issue to customers and clients to record sales transactions and request payment. Sales invoices outline the goods and services provided, with transaction dates, confirmation of money owed, taxes payable and other key information.

Detailed explanation-5: -Generally, in terms of the content in an invoice, you’re going to have two main sections. The first, with the contact information of the parties and the payment details. Then a second, with a list of the goods and services. Oftentimes, the contact information will be above, and the details of the items below.