Fostering critical thinking via assessment

Critical thinking skills have been identified as learning outcomes expected of students. Teaching towards developing thinking skills is quite recent, attempts are observed to find ways to infuse critical thinking into the ...

The buzz on an amazing new mosquito repellent: Will it fly?

After searching for more than 50 years, scientists finally have discovered a number of new mosquito repellents that beat DEET, the gold standard for warding off those pesky, sometimes disease-carrying insects. The stuff seems ...

Islands of Life Across Space and Time

A new study by the University of Puerto Rico at Arecibo shows the first quantitative evaluation of planetary habitability. The study identifies some potential habitats in the solar system and also shows how the habitability ...

Flexible throughout life by varying numbers of chromosome copies

Baker's yeast is a popular test organism in biology. Yeasts are able to duplicate single chromosomes reversibly and thereby adapt flexibly to environmental conditions. Scientists from the Luxembourg Centre for Systems Biomedicine ...

Student evaluations show bias against female professors

Despite earning more than half of all doctoral degrees conferred in the U.S., women are significantly underrepresented in faculty positions at colleges and universities. This is particularly true in tenure-track and tenured ...

page 1 from 6

Invoice

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. An invoice indicates the buyer must pay the seller, according to the payment terms. The buyer has a maximum amount of days to pay for these goods and is sometimes offered a discount if paid before the due date.

In the rental industry, an invoice must include a specific reference to the duration of the time being billed, so rather than quantity, price and discount the invoicing amount is based on quantity, price, discount and duration. Generally speaking each line of a rental invoice will refer to the actual hours, days, weeks, months, etc. being billed.

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).

This text uses material from Wikipedia, licensed under CC BY-SA