Key Commercial Documents Explained
Classified in Mathematics
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Differences Between Delivery Notes and Invoices
Delivery Note: A provisional document justifying the dispatch of goods. It does not include VAT.
Invoice: A definitive document providing legal accreditation. It is valid for any claim and includes VAT.
Another important difference is that invoices are legally required to be kept for 6 years, while retaining delivery notes is not mandatory for the same period.
Sales Transaction Documentation
Common documents involved in sales transactions include:
- The order sheet
- The delivery note
- The invoice
- The expenses sheet
- Remittance advice
- Receipt
- Voucher or promissory note
- Check
- Bill of exchange
What Are Quantity Discounts (Rappels)?
These are discounts granted by the seller to the buyer for purchasing goods exceeding... Continue reading "Key Commercial Documents Explained" »