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:
The name and address of the supplier
The name and address of the customer
Line items that separately state each item purchased from the supplier
The unit price, quantity, and extended price of each item sold
Any sales taxes that may apply to the sale
And additional charges, such as shipping and handling fees
A grand total amount due
The date when the invoice is due for payment
Any forms of payment that the supplier accepts
Terms Similar to Supplier Invoice
A supplier invoice is also known as a vendor invoice.