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An invoice is a formal financial document issued by a seller to a buyer that details the products or services provided, the quantity, price, and the total amount due. It serves as a request for payment, indicating the due date for the payment and terms of the transaction. Invoices are used in business transactions to ensure transparency and to provide a record for both the seller and the buyer.

An e-Invoice, or electronic invoice, is a digital version of a traditional paper invoice that is created, sent, received, and processed electronically. Unlike a simple PDF or email invoice, an e-Invoice is generated in a standardized digital format, allowing for seamless data exchange between the buyer’s and seller’s systems. This ensures that the data is directly integrated into accounting and ERP systems, reducing manual errors and speeding up the entire invoicing process.

An invoice is a formal document that a seller sends to a buyer detailing the products or services provided and the amount payable for those products or services. It serves as a request for payment, indicating the amount due, the payment terms, and the due date. Invoices are essential for maintaining clear records of sales transactions, ensuring that businesses get paid on time, and managing cash flow effectively.