Clerk Accounts Payable Question:

Explain me what is the meaning of invoice?

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Answer:

Invoice is a statement which contains the under mentioned details compulsorily.

❀ 1. Invoice Number
❀ 2. Invoice date
❀ 3. Name and address of the person
❀ 4. Name and address of the person to whom invoice is made. ( Buyer of goods and service)
❀ 5. Description of goods / services involved
❀ 6. Applicable rates and taxes with percentages
❀ 7. Rate of the goods / services
❀ 8. Quantity of the goods and services
❀ 9. Quality or any other specifications
❀ 10. Price / Value of the goods and services
❀ 11. Invoice must be signed by the person making it
❀ 12. Terms and conditions of making the payment

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