Invoice simply means as an itemized bill for goods and services rendered by an establishment to a customer. Items are listed with their corresponding prices and total amount payable to the seller. This document gives track to the items being sold (sales on cash and on credit in a particular time) and gives a clear understanding to the buyer about the goods/services received and paid.
The record of this document helps the businessman in checking if his workers are following the standard price of goods/services available in their company. He may have a basis of knowing the goods and services that are delightful to the customer and so he can provide the needs and perform necessary adjustments if needed.It does not gives only a hint to the businessman but also gives a basis in monitoring the physical inventory of goods available for sale. As i learned prior to my Management subjects, "stock cards are sometimes decisive"-inventories appears different from the stock card and thus with the actual counting of goods sold and unsold.
Businessman may have it as a tool in knowing the goods that were sold and were available with the support of some necessary data. It do helps organization to have a smooth flow of daily task and therefore helps to achieve the organization's goals and objectives.
The record of this document helps the businessman in checking if his workers are following the standard price of goods/services available in their company. He may have a basis of knowing the goods and services that are delightful to the customer and so he can provide the needs and perform necessary adjustments if needed.It does not gives only a hint to the businessman but also gives a basis in monitoring the physical inventory of goods available for sale. As i learned prior to my Management subjects, "stock cards are sometimes decisive"-inventories appears different from the stock card and thus with the actual counting of goods sold and unsold.
Businessman may have it as a tool in knowing the goods that were sold and were available with the support of some necessary data. It do helps organization to have a smooth flow of daily task and therefore helps to achieve the organization's goals and objectives.
