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⟩ Explain me what is the meaning of invoice?

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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