What is the difference between invocie and bill. Also, can we use billing software in place of invoicing software (I mean do I have to buy a new software for generating invoices)
Div Jangid (Marketing) (21 Points)
17 September 2018What is the difference between invocie and bill. Also, can we use billing software in place of invoicing software (I mean do I have to buy a new software for generating invoices)
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(182250 Points)
Replied 17 September 2018
No.
Bill is the statement of charges that is issued for immediate payment.
Invoice is a proposal that is raised up for a credit sale for which the payments can be made after sometime (but within the due date).
Though it appears to be the same, both the terms are supposed to have little difference
Vinod Babu
(24191 Points)
Replied 17 September 2018
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961