Invoice Fundamentals
Essential references on invoice types, terminology, and processing workflows. Educational guides for finance professionals and business owners.
9 articles
Invoice Fundamentals Articles
What Is a Goods Received Note? Complete GRN Guide
Learn what a goods received note (GRN) is, what it contains, and how it feeds three-way matching. Includes a field map, creation checklist, and worked examples.
Credit Note vs Invoice: Key Differences Explained
Learn the differences between credit notes and invoices, when to issue each, journal entries on both sides, debit note comparisons, and VAT rules.
How to Organize Invoices and Receipts: A Complete System
Organize invoices and receipts with a four-level system from physical filing to AI automation. Folder templates, IRS retention rules, and backlog cleanup guide.
How to Read an Invoice: Every Field Explained
A receiver-focused guide to every invoice field. Covers payment terms, verification checklists, fraud red flags, complex scenarios, and problem resolution.
Invoice vs Receipt: Key Differences for Tax and Business
Learn the differences between invoices and receipts for tax compliance, IRS record retention, and real business scenarios like partial payments and refunds.
Purchase Order vs Invoice: How They Differ and Work Together
How purchase orders and invoices differ, connect through three-way matching, and handle exceptions like mismatches, partial shipments, and non-PO invoices.
Types of Invoices: A Complete Guide to Every Invoice Type
A guide organizing 14+ invoice types into five dimensions with a comparison table, decision framework, and receiver perspective for each type.
What Is an Invoice? Definition, Purpose, and Components
What is an invoice? A both-sides guide covering components, legal status, international requirements, invoice vs bill vs receipt, and the processing workflow.
Invoice Data Entry Sample: Key Fields and How to Enter Them
See a complete invoice data entry example with all key fields to capture. Learn common errors to avoid and how automation creates these records instantly.