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Invoice and quotation (Read 6363 times)
Gerrit-Jan Linker
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Invoice and quotation
17.06.11 at 15:37:52
 
Invoice and quotation
 
Definitions:
 
Quotation:
A quotion is a commercial document issued by a seller to a buyer. It indicates the products, quantities and the proposed prices for these. An quotation is not a contract but it is an offering. Usually a buyer replies to a quotation by sending a purchase order to which the seller can invoice an invoice.
 
Invoice:
An invoice or bill is a commercial document issued by a seller to the buyer. It indicates the products, quantities, and agreed prices for products or services the seller has provided the buyer. An invoice indicates the buyer must pay the seller, according to the payment terms. The buyer has a maximum amount of days to pay these goods.
 
Source:
http://en.wikipedia.org/wiki/Invoice
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« Last Edit: 17.06.11 at 15:38:15 by Gerrit-Jan Linker »  

Gerrit-Jan Linker
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