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 open invoice. The invoice is not only given in return of product purchase, but also presented in return of services. This invoice works for both the parties and is best for accounting and audit purposes. The invoice carries all the details of account payable and receivables along with the due dates. Usually this invoice is presented by the service or product provider to the purchaser….

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