Supplier invoice definition
/What is a Supplier Invoice?
A supplier invoice is the bill issued by a vendor for goods delivered or services rendered to a customer . It itemizes the goods and services sold to a customer, as well as any sales taxes and shipping charges incurred as part of the transaction . The recipient of a supplier invoice issues its own invoices to its customers, and so may refer to supplier invoices as vendor invoices to more clearly differentiate them.
Contents of a Supplier Invoice
The contents of a supplier invoice can vary somewhat, but will generally include the following items:
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The name and address of the supplier
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The name and address of the customer
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Line items that separately state each item purchased from the supplier
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The unit price, quantity, and extended price of each item sold
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Any sales taxes that may apply to the sale
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And additional charges, such as shipping and handling fees
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A grand total amount due
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The date when the invoice is due for payment
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Any forms of payment that the supplier accepts
Terms Similar to Supplier Invoice
A supplier invoice is also known as a vendor invoice .