Invoice vs Receipt: What’s the Difference?
Posted on April 25, 2025, by
When it comes to organising business transactions, particularly for small enterprises, freelancers, and internet sales, two papers are frequently used: invoices and receipts. While they may appear identical at first glance, they perform quite diverse functions in the financial and accounting fields.
Understanding the difference between an invoice and a receipt will help you keep your business records organised, avoid confusion, and maintain a steady cash flow.