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This is very important question. a. We have two types of delivery 1. Local Purchased Order. 2. Purchased Order as per law of International LC Documents.
a. So Local delivery we received by our daily consumable items and we now the vendors. And the Delivery note is issued because of Partial material delivered and when its completed as per LPO order than issue the Invoice from the client.
b. International material, We received all the documents form the vendor such as Bill of Lading / Origin of
Certificate / Shiftment - Cosignment Details / LC documents for port Clearance.
So to the question is important we need the Bill of Invoice to submit our Bank for the payment or Bank Guarrenty to show on the port for clearance and accept our delivery material.
Invoice is not only a copy of proof, but also a commercial document, which indicates who sells it to and who buys it, at what price, how much qty, mode of transport, discounts, taxes, date of shipment and payment terms.
Also in few types of invoices, it serves as a demand for payment.
Hence it is record or document depending upon the type and it is very much mandatory in the yearly financial audit of a company to verify the transactions.
I agree with the answers provided by colleagues
I apologize for the answer, I leave the answer to experts specialists in this field that's not my specialty field
Invoices are the tool that provide freelancers with the ability to receive income invoices are the easiest and most efficient way to get paid
Using invoices are a great way to track your earnings, business and spending. If you are utilizing your invoices properly it should act as documentation of all your business transactions
Using invoices reduces payment times. You can control your billing cycles
Invoices help you to get paid on time, track your earnings and show a bit of professionalism
to save supplier and consumer and add on acc. dept. and review on record for tax
Thanks
Fully agree with the answer given by Mr. Mubarak
Thanks for invitation
I am apologies to answer this question because it's not my specialist field
I thank you for the invitation. I agree with all experts answer
Agree with answer given by experts..