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bill or invoice is a commercial payment-related documents issued for the seller with the buyer. This includes information about products and quantities, with prices fixed. Thus, there is information about payment fixed between buyer and seller. The seller is known for offering discounts to the buyer if he pays early, but the concept made. The article describes the invoice must contain, time billing along with the terms and conditions. Thus, the collection is great value in economic relations agency.
There are various types of accounts available. They are:
• Account Proforma- this type of account is found more in foreign trade. This follows the commitment of the seller to provide goods sold at a special price and for a specified period. This is not recorded as accounts payable
• Credit Memo -. In this type of account, the buyer returns the goods sold him and instead receives a message from the seller of the amount paid to him. This is a kind of repayment to do with the buyer
• Commercial type of invoice -. This is found in cases where shipping and other involved in the communication two international agents. This is a kind of primary document based on the seller and the buyer meets the point agreement
• Debit Memo -. At a time when the company can not pay for the time of the memo in which he agrees to pay the amount of a fine or interest.
There are other various accounts used in business, but base their monetary policy trade in goods deal and the quantity and quality details. This is one of the fundamental pillars of the company and therefore kept with the utmost care.
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