Finanical Document - Invoice

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  • Created by: turk.a
  • Created on: 30-01-16 20:22
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  • Invoice
    • Forth document of the Financial Documents Business term for bill
    • Purpose
      • to tell how much the customer owes the supplier
      • lists items ordered/ delivered
        • unit price of each item
    • Produced By
      • Supplier
    • Impact of Error
      • For Sellers:
        • if charged too much - can harm reputation
          • can lose customers and future sales
        • If not charged enough - can lose revenue
        • time wasted creating new invoice
          • Staff can do something else
        • Reprinting costs
      • For Customer:
        • doesn't notice error - pay too much
          • increasing cost, deceasing revenue
          • impact inland revenue


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