Open Invoice

Open invoice

When a company or an organization purchases any material or product from another company, an invoice is given in return. This invoice is known as an open invoice. The invoice is not only given in return for product purchase but also presented in return for services. This invoice works for both parties and is best for accounting and audit purposes. The invoice carries all the details of the account payable and receivables along with the due dates. Usually, this invoice is presented by the service or product provider to the…

Read More