Zoho Bookings & SalesIQ Alignment

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Invoice

Meaning: 

An Invoice is a formal document that lists the details of a sale, including the goods or services sold, the quantity, price, taxes, and the total amount that needs to be paid.


Why Invoice is Important :

It acts as proof that a sale has taken place.
It helps businesses keep track of billing and payments.


How to understand Invoice:
Invoices are important for reporting taxes like GST (Goods and Services Tax).
They are useful for accounting and audits, ensuring everything is organized.

Uses of invoice:

Invoices are used for billing customers, claiming payments, filing taxes, tracking inventory, and managing business accounting.