invoicing
Requesting payment formally
Invoicing is the process of creating and sending invoices—itemized bills requesting payment for goods or services rendered.
The term covers the administrative work of billing customers: Our invoicing system is entirely automated now.
In business contexts, invoicing often implies ongoing or systematic billing rather than one-off transactions.
Amount owed, written
- statementExpressed claim or fact
- chargeCost or accusation
- itemizationCataloging into distinct entries
- line itemDiscrete budgetary allocation
subtotal · amount · quantity · unit price · net · gross · due date · billing cycle
When and how to remit
- dueOwed or expected
- payableDue for settlement
- remittanceFunds sent elsewhere
- settlementResolved dispute or colony
installment · deposit · prepayment · credit terms · late fee · outstanding · overdue · collection
Outstanding debts to suppliers
- accounts receivableDebts owed to business
- bookkeepingRecording financial transactions systematically
- general ledgerMaster accounting record
- journal entryDated record in diary
posting · debits · credits · double-entry · reconciliation · accruals · chart of accounts · audit trail
Written payment acknowledgment
- voucherRedeemable certificate for value
- proof of purchaseDocumentation of a transaction
- packing slipItemized shipment document
- delivery noteDocument accompanying shipped goods
order confirmation · shipping document · credit note · debit note · duplicate · original
Goods obtained for payment
- saleExchange for payment
- orderMethodical arrangement or request
- chargebackForced transaction reversal
- adjustmentAlteration to improve fit
discount · refund · credit · debit · returns · dispute · correction · void
bill
Amount owed, written
- statementExpressed claim or fact
- chargeCost or accusation
- itemizationCataloging into distinct entries
line item · subtotal · amount · quantity · unit price · net · gross · due date · billing cycle · customer
payment terms
When and how to remit
- dueOwed or expected
- payableDue for settlement
- remittanceFunds sent elsewhere
settlement · installment · deposit · prepayment · credit terms · late fee · outstanding · overdue · collection · dunning
accounts payable
Outstanding debts to suppliers
- accounts receivableDebts owed to business
- bookkeepingRecording financial transactions systematically
- general ledgerMaster accounting record
journal entry · posting · debits · credits · double-entry · reconciliation · accruals · chart of accounts · audit trail · fiscal period
receipt
Written payment acknowledgment
- voucherRedeemable certificate for value
- proof of purchaseDocumentation of a transaction
- packing slipItemized shipment document
delivery note · order confirmation · shipping document · credit note · debit note · duplicate · original
purchase
Goods obtained for payment
- saleExchange for payment
- orderMethodical arrangement or request
- chargebackForced transaction reversal
adjustment · discount · refund · credit · debit · returns · dispute · correction · void · cancellation
- Accounting Softwareaccounting software, QuickBooks, general ledger, payroll software, Sage
- agency workclient meetings, client relations, client work, briefs, pitches
- Business Rulesauthorization, compliance, deadlines, hierarchy, hours of operation
- photography businessstock photos, portraits, prints, weddings, galleries
- practice managementoffice management, billing, payroll, staffing, hiring
- self-employmentself-employed, freelancing, self-employment, sole proprietorship, sole proprietor
invoicingpaying
Transferring money owed
remitting · settling · disbursing · remittance · reimbursing