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invoice
IPA:
Dictionary definition of invoice
A detailed itemized statement of goods or services provided, along with their corresponding costs, which is typically sent by a seller to a buyer.
"The company issued an invoice for the goods delivered last week."
Detailed meaning of invoice
It serves as a formal request for payment and acts as a financial record of the transaction between the two parties involved. An invoice typically includes essential information such as the seller's and buyer's names and addresses, the invoice number, the date of issuance, a description of the goods or services, quantities, unit prices, and the total amount due. It is a crucial document in business transactions as it helps maintain a transparent and organized record of sales and facilitates smooth financial operations for both the seller and the buyer. Invoices are commonly used in various industries and play a vital role in managing accounts receivable and tracking financial transactions.
Example sentences containing invoice
1. Please make sure to include the invoice number when making the payment.
2. The customer requested a copy of the invoice for their records.
3. The accountant reviewed the invoices to reconcile the accounts.
4. The vendor sent an electronic invoice via email.
5. The due date for the invoice is next Monday.
6. The invoice was marked as paid after the payment was received.
History and etymology of invoice
The noun 'invoice' has its roots in the Latin word 'invoxare,' which is a combination of 'in,' meaning 'in,' and 'vox,' meaning 'voice' or 'call.' In its original Latin form, 'invoxare' meant to call in or summon someone. Over time, this concept evolved to include the idea of a written or itemized statement of goods or services provided, which serves as a sort of financial call or request for payment. This term was incorporated into Old French as 'envois,' and then into Middle English as 'invoice,' where it retained its association with a detailed itemized statement of goods or services provided, along with their corresponding costs. Thus, the etymology of 'invoice' highlights its historical connection to the act of calling in or summoning, in this case, the request for payment for goods or services rendered.
Further usage examples of invoice
1. The billing department is responsible for generating and sending invoices.
2. The client disputed the invoice, claiming there were errors in the charges.
3. The invoice included a breakdown of all the products purchased.
4. The company offers a 30-day grace period for settling invoices.
5. The accounts payable team is responsible for processing invoices.
6. The company implemented a new software system to streamline the invoice process.
7. The customer received an invoice reminder for an overdue payment.
8. The invoice was sent in a PDF format for easy printing and viewing.
9. The vendor made a mistake on the invoice and issued a corrected version.
10. The financial department keeps a record of all invoices for auditing purposes.
11. The company requested a proforma invoice before placing the order.
12. The client requested an itemized invoice to review the charges.
13. The invoice was sent to the client's billing address via postal mail.
14. Please send me the invoice for the recent office supplies order.
15. The invoice for the plumbing repairs arrived today.
16. Don't forget to include the invoice with the shipment.
17. I'll review the invoice before making the payment.
18. The customer disputed the accuracy of the invoice.
19. The accountant processed the invoice for payment.
20. Can you provide an invoice for the consulting services?
21. The invoice is overdue; we need to follow up.
22. The client requested a revised invoice with updated costs.
23. The vendor sent an electronic invoice for the equipment.
24. I need an invoice to claim reimbursement for the business trip.
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ACT 5 (American College Testing), Accuracy and Precision, Money and Finance
balance,ledger,reckoning,statement
ccount,bill,check,chit,receipt,tab,tally,voucher
Synonyms for invoice
Quiz categories containing invoice
bill, gift, donation, grant
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