ChatterBank1 min ago
Correct accountancy term
4 Answers
What is the difference between an INVOICE and a BILL.
Thanks for any advice offered.
Thanks for any advice offered.
Answers
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For more on marking an answer as the "Best Answer", please visit our FAQ.I'm sure there are professional definitions of both terms that may be applicable in a narrow sense, however, here in the U.S., an invoice is a formalized description of goods or services rendered or delivered and the charges, usually itemized, expected in payment, whereas a bill is less formal and usually lists only the barest of descriptions of the same goods or services. For all practical purposes however, there's little difference...
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