What is the Difference Between an Invoice and a Bill? Does it Matter? - Deepstash

Bite‑sized knowledge

to upgrade

your career

Ideas from books, articles & podcasts.

published 5 ideas

What is the Difference Between an Invoice and a Bill? Does it Matter?

invoicesherpa.com

What is the Difference Between an Invoice and a Bill?

Invoice and bill are a great example of the importance of words and communication. They are actually describing pretty much the same thing! So, why use two different words?

  • “One man’s trash is another man’s treasure.”
  • “One man’s ceiling is anot...

7

STASHED IN:

10

Invoice comes from the Sixteenth Century French word envoyer, which means to send. Well, that makes a lot of sense, doesn’t it? You send an invoice to your customer because you want them to pay you.

In short, an invoice is a breakdown of costs that is sent from the provider...

3

STASHED IN:

8

The word bill comes from the Medieval Latin word bulla, meaning sealed document. That became the Anglo-Norman French word bille , which morphed into the English word bill. 

Your vendor sends you a bill that you will then pay. If you print the bill and mail it, your customer will receive a s...

4

STASHED IN:

9

Creating an invoice on Quickbooks is simple and intuitive. Follow the steps below to get your invoice sent out:

  1. On the left-hand menu, go to Invoicing
  2. Click on “Send your first invoice”.
  3. Be sure to fill in each field of the invoice carefully. Select your customer from t...

2

STASHED IN:

8

Paying bills through Quickbooks is another basic function that allows you to pay your suppliers. Just follow the steps below to quickly and easily pay your bill:

  1. In the main menu, click on Suppliers
  2. Go to “Pay Bills”
  3. Select the right Accounts Payable op...

2

STASHED IN:

8

0 Comments

Discover and save more ideas by creating a

FREE

Deepstash account.

Develop a

reading habit

, save

time

and create an amazing

knowledge library

.

GET THE APP:

MORE LIKE THIS

Credit management is my biggest lesson for the past 24 months. I personally lost $6, 000 to a client in Malta because of a lack of good business credit management on my part. I don't want you to make the same mistake.

8 IDEAS