"An invoice, bill or tab is a commercial document issued by a seller to a buyer, relating to a sale transaction and indicating the products, quantities, and agreed prices for products or services the seller has provided the buyer.
Payment terms are usually stated on the invoice. These may specify that the buyer has a maximum number of days in which to pay, and is sometimes offered a discount if paid before the due date. The buyer could have already paid for the products or services listed on the invoice.
In the rental industry, an invoice must include a specific reference to the duration of the time being billed, so in addition to quantity, price and discount the invoicing amount is also based on duration. Generally each line of a rental invoice will refer to the actual hours, days, weeks, months, etc., being billed.
From the point of view of a seller, an invoice is a sales invoice. From the point of view of a buyer, an invoice is a purchase invoice. The document indicates the buyer and seller, but the term invoice indicates money is owed or owing. ...
Payment of invoices.
Organizations purchasing goods and services usually have a process in place for approving payment of invoices based on an employee's confirmation that the goods or services have been received.
Typically, when paying an invoice, a remittance advice will be sent to the supplier to inform them their invoice has been paid." [Invoice. Wikipedia]
The flow chart example "Invoice payment process" was created using the ConceptDraw PRO diagramming and vector drawing software extended with the Flowcharts solution from the area "What is a Diagram" of ConceptDraw Solution Park.
Payment terms are usually stated on the invoice. These may specify that the buyer has a maximum number of days in which to pay, and is sometimes offered a discount if paid before the due date. The buyer could have already paid for the products or services listed on the invoice.
In the rental industry, an invoice must include a specific reference to the duration of the time being billed, so in addition to quantity, price and discount the invoicing amount is also based on duration. Generally each line of a rental invoice will refer to the actual hours, days, weeks, months, etc., being billed.
From the point of view of a seller, an invoice is a sales invoice. From the point of view of a buyer, an invoice is a purchase invoice. The document indicates the buyer and seller, but the term invoice indicates money is owed or owing. ...
Payment of invoices.
Organizations purchasing goods and services usually have a process in place for approving payment of invoices based on an employee's confirmation that the goods or services have been received.
Typically, when paying an invoice, a remittance advice will be sent to the supplier to inform them their invoice has been paid." [Invoice. Wikipedia]
The flow chart example "Invoice payment process" was created using the ConceptDraw PRO diagramming and vector drawing software extended with the Flowcharts solution from the area "What is a Diagram" of ConceptDraw Solution Park.
Business diagrams & Org Charts with ConceptDraw DIAGRAM
The business diagrams are in great demand, they describe the business processes, business tasks and activities which are executed to achieve specific organizational and business goals, increase productivity, reduce costs and errors. They let research and better understand the business processes. ConceptDraw DIAGRAM is a powerful professional cross-platform business graphics and business flowcharting tool which contains hundreds of built-in collections of task-specific vector stencils and templates. They will help you to visualize and structure information, create various Business flowcharts, maps and diagrams with minimal efforts, and add them to your documents and presentations to make them successful. Among them are Data flow diagrams, Organization charts, Business process workflow diagrams, Audit flowcharts, Cause and Effect diagrams, IDEF business process diagrams, Cross-functional flowcharts, PERT charts, Timeline diagrams, Calendars, Marketing diagrams, Pyramids, Target diagrams, Venn diagrams, Comparison charts, Analysis charts, Dashboards, and many more. Being a cross-platform application, ConceptDraw DIAGRAM is very secure, handy, free of bloatware and one of the best alternatives to Visio for Mac users.Flowcharts
The Flowcharts solution for ConceptDraw DIAGRAM is a comprehensive set of examples and samples in several varied color themes for professionals that need to represent graphically a process. Solution value is added by the basic flow chart template and shapes' libraries of flowchart notation. ConceptDraw DIAGRAM flow chart creator lets one depict the processes of any complexity and length, as well as design the Flowchart either vertically or horizontally.
Business Process Diagrams
Business Process Diagrams solution extends the ConceptDraw DIAGRAM BPM software with RapidDraw interface, templates, samples and numerous libraries based on the BPMN 1.2 and BPMN 2.0 standards, which give you the possibility to visualize equally easy simple and complex processes, to design business models, to quickly develop and document in details any business processes on the stages of project’s planning and implementation.
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