Zoho Bookings & SalesIQ Alignment

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Invoice

Meaning: 

An Invoice is defined as a formal document that records the details of a sale, including the goods or services sold, quantity, price, taxes, and the total payment due.

Why Invoices is Important:
It serves as proof of sale, confirming that a transaction has occurred.
Invoices help businesses track billing and payments effectively.

How to understand an invoice:

They are necessary for GST reporting, ensuring compliance with tax regulations.
Invoices are useful for accounting purposes and during business audits.

Uses of Invoice:

Invoices are commonly used for billing customers, claiming payments, filing taxes, tracking inventory, and maintaining business accounting records.



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